SoftPOS Definition.

Turning a merchant’s smartphone or tablet into a contactless acceptance terminal with no dedicated hardware (“Tap to Pay on iPhone/Android”). Security is governed by the PCI MPoC standard, which notably allows PIN entry on the touchscreen (PIN on Glass). It is the go-to option for micro-merchants, tradespeople and delivery drivers.

See also

→ POS terminal→ NFC

Where this term appears

GuidePayments in Central and Eastern EuropeGuidePOS terminals and in-store payments around the worldGuideIn-store paymentsGuideMerchant agreements and onboardingCourseRolling out in-store payment acceptance internationallyCourseAccepting cards in store: POS terminals from A to Z

All 151 glossary terms · All guides