Cashflows launches new cloud-based in-person payments solution
Cashflows, the platform that allows merchants to accept payments, has launched a new cloud-based direct (point of sale) payment solution. The platform is designed for merchants, independent sales organizations (ISOs) and independent software vendors (ISVs) who want to provide merchants in all industries with a fast and reliable direct payment solution.
As part of the Cashflows payment platform, the solution directly supports a wide range of Android and Linux devices. Connectivity to WiFi and 4G networks is unsurpassed, as is easy integration with ePOS systems.
The solution is device independent and secure and complies with all relevant PCI standards.
The solution is easy to use, with transparent and fixed monthly rates per device.
Cashflows’ new partner leasing model allows ISOs and ISVs to deliver the best Android devices to retailers without the need to purchase the device first.
This opens up new revenue streams with minimal maintenance, upgrade and compliance responsibilities, enhancing Cashflows’ partnership proposition.
All terminals are integrated with Cashflows smart reporting portal, so merchants can access real-time sales data from online and in-person payments in a single dashboard.
This holistic view of trading performance allows traders to understand and act on the information provided.
“Our mission is to change the payments industry for the better, and our new in-person solution is designed to do just that. We have developed a simple, flexible, and function-rich solution that partners and customers can use out-of-the-box, with no complicated setup. When combined with our omnichannel data portal and the expert human support of our teams, we are enabling merchants and ISO and ISV partners to focus on what really matters – growing their business. This is payments, perfected by people.”
Paul Clarke, Chief Product, and Innovation Officer, Cashflows.
Pinpad POS devices that integrate with counters or ePOS systems via APIs and proof of concept (POC) with card diagrams for Tap on Phone functionality will be released by the end of 2023. This will expand merchant flexibility by allowing users to use their own devices as card terminals.