These free mobile apps transform phones into point-of-sale terminals - with some limitations
South Africa has recently seen a flood of affordable point-of-sale machines targeting small businesses. The most popular are budget wireless devices imported from abroad that allow businesses to accept credit and debit cards.
But it's now possible to accept card payments without a card reading device, using what the industry calls Software Point of Sale, or SoftPOS. Simply by downloading free fintech apps on a compatible smartphone, merchants can accept tap-to-pay card transactions.