Fondy and Visa launch cashless payment app Fondy Terminal
The Fondy platform, with the support of Visa, has launched a new product on the Ukrainian market – the Fondy Terminal app.
This is a functional POS solution that replaces all cash register equipment and allows you to accept payments offline and online. It also allows you to connect new points of sale and cashiers without unnecessary documents and registrations.
Fondy Terminal enables service and mobile commerce businesses, as well as professionals, delivery services and other services, to conveniently and securely accept contactless payments from customers. To receive a payment, the business owner enters the amount of the transaction into the app, and the customer taps their card or device on the app-enabled device to pay. The receipt can be sent by mail or messenger.
Fondy Terminal accepts all types of contactless cards, as well as payments via Apple Pay, Google Pay and smartwatches.
“With Fondy Terminal, an ordinary Android mobile phone becomes a full-fledged POS terminal for contactless payment acceptance. It is a modern alternative to the limited functionality and expensive maintenance of cash register equipment. Our innovative product, developed with the support of Visa, is the future in your smartphone,” said Valeria Vahorovska, founder and managing partner of Fondy.
Fondy Terminal uses Visa Tap to Phone technology, which turns an Android OS smartphone (8.0 and above) into a full-fledged payment terminal. The solution will help SMBs replace traditional POS terminals and cash registers, which need to be rented, connected and maintained, with a more modern and efficient way to accept cashless payments.
We are pleased to partner with Fondy and are confident that the Fondy terminal, based on Visa Tap to Phone technology, will become a convenient and secure solution for merchants who want to offer their customers a convenient way to pay,” said Olexandr Stelmakh, Senior Director of Visa Digital Solutions in Ukraine, Georgia, CIS and Southeast Europe.
Fondy Terminal includes a built-in PPO for automatic online fiscalization of checks at the State Tax Service, provides access to detailed analytics and the ability to quickly refund payments, and has an intuitive interface. The application is already available for download from the Google Play Store.
Fondy Terminal is part of an omnichannel platform for online and offline payments. After registering in the application, users have access to all the features of the Fondy payment service.