Sign up
Subscribe
Home / news / 📱Visa's "Tap to Phone" App is Revolutionizing Payments in Uruguay🇺🇾
news

📱Visa's "Tap to Phone" App is Revolutionizing Payments in Uruguay🇺🇾

📱Visa's "Tap to Phone" App is Revolutionizing Payments in Uruguay🇺🇾
Uruguayan merchants now have access to a technology that allows Android mobile phones to be converted into POS terminals for contactless credit and debit card payments

➡️ The app can be installed on an NFC-supported smartphone, helping small business owners accept payments while saving on the maintenance of stationary terminals.

➡️ Currently, this technology has already been implemented in 60 markets worldwide, and in Latin American and Caribbean countries, it has enabled the launch of 280,000 mobile payment terminals.

➡️ In Uruguay, payments will be processed through the Totalnet platform — so far, the only Visa acquirer in the country, handling around 200 million transactions worth 6 billion USD annually.

#news #Uruguay

Dreidel Finance 💸conversion from 80🛍Cards, P2P, local🥹Fast Integration⚡Best rates🔽Worldwide🌐

Comments

Weekly high-risk digest

Regulation, sanctions and payment news across your verticals — once a week, free.

Please check your inbox and click the link to confirm your subscription.

Please enter a valid email address!