Any of the 44 million NFC-enabled Android smartphones in the South African market can now become a mobile credit card terminal – with zero sign-up cost, zero monthly fees and zero data charges – with the Dashpay Glass app. The Glass app helps any merchant, from informal traders to chain retailers, add zeroes to the bottom line by offering a secure, quick and efficient payment acceptance solution to customers as a stand-alone card terminal or back-up and expansion offering to their existing terminals.
Users are able to download the Glass mobile application from the Google Play Store, complete a basic profile and start transacting immediately, cutting out red tape, logistics – and beating loadshedding. All successfully completed transactions appear in the merchant’s Glass wallet immediately, with pay-out available on completion of FICA and business profile verifications.
Smart reverse data integration means that merchants don’t use their own mobile data to transact, nor will a transaction fail in the event that a user doesn’t have a positive data balance on their own device.
“Glass offers all the security of a traditional card payment terminal, thanks to Dashpay’s decades of experience in successfully managing the back-end systems for thousands of secure payment terminals across South Africa – and into the rest of the continent,” says Dashpay Managing Director, Benjamin Powell. “While card payment terminals will remain a mainstay in the formal retail market, the option to start accepting card payments immediately and with no sign-up, rental or data costs will provide an immediate and necessary boost to the informal and SME economy in South Africa. Glass will also offer merchants a back up when their primary device in store fails or is offline due to loadshedding”.
The introductory transaction fee of 2.5% – the only fee a merchant pays for operating Glass – is the lowest direct rate offered to the market in South Africa.
Glass is available for download now in the Google Play Store.