With Moringa Pay, you can take card payments on your phone without worrying about hidden charges or long-term contracts. Your Moringa Pay solution can be cancelled at any time, with no set-up fee or monthly charges.
Payments will be made to your chosen bank account within 48HRS. Payments will be made during working hours on working days (8am to 6pm, Monday to Friday, excluding Bank Holidays).
Note: In the unlikely event that a transaction is disputed by the owner of the card used to make a payment on your Moringa Pay facility (also referred to as a chargeback), then a charge of £15 may be applied to your account.
Previously, taking payments with a smartphone always required additional auxiliary hardware to accept the card. However, tap on phone apps take advantage of SoftPOS. SoftPOS is a revolutionary new technology which allows any NFC enabled smartphone to emulate the secure software contained in a traditional card machine (if you are unsure whether your device is NFC enabled, get in touch with us.
Here are some of the reasons that merchants may opt to use tap on phone apps as opposed to traditional payment solutions:
- Free to download and set up
- No lengthy contracts
- No additional hardware requirements
- Allows merchants to take payments on the go
- Easy application
- Low maintenance costs
These apps are perfect for micro businesses looking to avoid lengthy contracts and high setup/maintenance costs. By allowing merchants to take payments on their phone, these apps make it easy for mobile businesses to take their card reader wherever they go.
Tap on phone (or tap to phone) apps allow you to take contactless card payments directly through your phone. This is an emerging payment solution that moves away from traditional card machines by turning your smartphone into a card reader. The future of payments...