Youtap, a global provider of contactless mobile payments and financial services software, is offering its new X8 \u2018micro\u2019 point of sale device as a packaged solution for mobile money and payment service providers.<\/p>\n
Youtap\u2019s X8 package includes:<\/p>\n
\u2022 A supply of X8 merchant POS devices
\n\u2022 A supply of NFC tags, cards, or wearables needed to launch \u2018tap and pay\u2019 services
\n\u2022 Access to Youtap Pay Express, an integrated software and hardware payment processing platform
\n\u2022 Various options for payment<\/p>\n
Youtap\u2019s new NFC X8 is a small, low-cost point-of-sale device that can fit easily in a merchant\u2019s pocket or be worn around the neck. The X8 can process all mobile money transactions, including cash-in and cash-out transactions, airtime top-ups, bill payments and in-store payments.<\/p>\n
The discreet size and low price of the X8 make it ideal for mobile airtime resellers, small shops, wet markets, street vendors, taxi drivers and other transport operators who need a secure and convenient way to accept mobile money.<\/p>\n
Youtap has enhanced traditional mobile wallet transactions by integrating closed-loop mobile wallets with open-loop payment providers. Youtap\u2019s technology enables high-speed merchant payment and cross-border transaction processing and integration across multiple third-party platforms to utilise all types of existing and new POS devices.<\/p>\n
The Youtap Pay payment processing platform has rich APIs, which enables integration with solutions offered by banks, payment service providers (such as Visa and Mastercard) and third-party mobile wallets.<\/p>\n
Youtap Pay Express is an \u2018entry-level\u2019 processing platform that gives mobile money service providers access to the technology they need to launch NFC-based payments in a new market, with the ability to upgrade to the Youtap Pay platform.<\/p>\n
\u201cMerchant payments are growing at a phenomenal rate in emerging markets,\u201d said Chris Jones, CEO of Youtap.<\/p>\n
\u201cYoutap is at the forefront of this growth, enabling more than 30 payment providers in Africa alone to process large volumes of in-store, transportation and cash-related transactions,\u201d he said. \u201cBy bundling X8 acceptance devices with the Youtap Pay Express platform, we\u2019re providing mobile money services with the latest in mobile money payment processing technology and an entry ramp into merchant payments.\u201d<\/p>\n
Youtap will be demonstrating the X8 solution at the GSMA Mobile 360 event in Dar es Salaam, Tanzania, 11-13 July. \t<\/p>\n","protected":false},"excerpt":{"rendered":"
Youtap, a global provider of contactless mobile payments and financial services software, is offering its new X8 \u2018micro\u2019 point of sale device as a packaged solution for mobile money and payment service providers. Youtap\u2019s X8 package includes: \u2022 A supply of X8 merchant POS devices \u2022 A supply of NFC tags, cards, or wearables needed […]<\/p>\n","protected":false},"author":23,"featured_media":13332,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[565,630,103,399,19,183],"tags":[385,2068,921,2069,2070,715,1753,2071],"class_list":["post-13331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-finance","category-hardware","category-mobile","category-more-news","category-regional-news","category-software","tag-africa","tag-mobile-360-event","tag-mobile-money","tag-mobile-payments","tag-pos","tag-tanzania","tag-youtap","tag-youtap-x8"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/13331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/comments?post=13331"}],"version-history":[{"count":0,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/posts\/13331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media\/13332"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/media?parent=13331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/categories?post=13331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/africa\/wp-json\/wp\/v2\/tags?post=13331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}