NFC unveiled “SnappyWire”, a smartphone-based mobile POS platform supporting various payment methods, at MWCA 2018, and start official global service.
“SnappyWire”, which is available at MWC 2018 in the US, is a mobile POS platform that supports a variety of payment methods such as Apple Pay, QR code, phone2phone payment, social media link payment, IC card payment. It is a mobile POS platform service for the global region starting from the United States.
“SnappyWire” is an easy-to-use mobile POS platform that enables sellers to accept payments using their smartphones on behalf of card terminals by installing an app whenever and wherever they are. The advantage is that it can be used conveniently by small business owners, self-employed people and peer-to-peer transaction.
“SnappyWire” allows an individual or a merchant to take pictures of items to sell and upload its payment links directly via social media such as Facebook, and instantly sell them, without an individual mobile shopping website.
In addition, since it also supports the ability to sell products at a retail store or store and to accept Apple Pay right away through Phone 2 phone payment method. Stores or individuals who must have a separate NFC-enabled POS terminal to accept Apple Pay now can easily accept Apple Pay payments.
In addition, “SnappyWire” supports “EMV Contactless” payment method that can be used when a credit card is just contacted with a smartphone and “EMV IC Reader” payment method that reads IC chip on credit card through IC card reader. In fact, it is a perfect “smartphone-based” payment platform.
Richard Hwang, CEO of HankookNFC said, “SnappyWire service is an integrated mobile POS platform that supports both Apple Pay and credit card on merchants’ smartphone. It is designed to enable individual or self-employed seller to conduct commercial transactions with their smartphone anytime, anywhere. We are partnering with Stripe, a global PG, to ensure security and stability.”