SoftPOS – a new payment solution from SIBS Romania

SIBS Romania, together with two financial institutions, has launched the SOFTPOS solution, which transforms NFC-compatible Android phones into payment terminals and allows contactless EMV payments, with and without the introduction of a PIN code.

The solution allows the rapid expansion of the banks’ POS network and can be easily integrated into the terminal management system of each Bank, being developed in accordance with all Visa and Mastercard security standards.