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SoftPOS

Product
Developers: Samsung Electronics, INPAS Company (INPAS)
Date of the premiere of the system: October 2019
Branches: Financial Services, Investments and Auditing

Content

2022: As part of INPAS SoftPOS contactless payment solution

On November 29, 2022, INPAS and LIFE PAY announced the joint development: a solution for accepting contactless payment through the INPAS SoftPOS smartphone with the built-in LIFE POS cash program from LIFE PAY. Read more here.

2019: Announcement

On October 10, 2019, Samsung announced the SoftPOS solution, thanks to which sellers can use the company's smartphones as a POS terminal and online cash register. This is a joint project with the Russian supplier of payment solutions INPAS.

SoftPOS allows you to accept contactless payments and use the functions of an online cash register using a Samsung mobile device. INPAS has supplemented the SoftPOS solution with software that turns a smartphone into an online cashier with cash and cashless payments, cloud fiscalization and the ability to add items, assign prices, discounts and send e-checks to customers.

Samsung announced SoftPOS solution, thanks to which sellers can use the company's smartphones as a POS terminal and online cash register

To pay for the purchase, you need to go to the SoftPOS application, having previously registered, enter the required transaction amount or select an item, and then offer the client to attach a contactless bank card or any other device that supports Samsung Pay, Apple Pay or Google Pay payment tools to an NFC smartphone. After a successful operation, an electronic check can be sent to the client by mail, SMS or through a QR code.

All transaction data will be transferred through the fiscal data operator to the Federal Tax Service when connected to the cloud.

By October 10, 2019, SoftPOS technology is powered by Samsung Galaxy smartphones, Galaxy Tab tablets and rugged Xcover4 smartphones.

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The SoftPOS solution has advantages not only for entrepreneurs, but also for their customers. Now they will be able to make contactless payments using a card or smartphone in more outlets, and the Samsung Knox security platform guarantees the reliability of the transactions. Thus, our cooperation with INPAS will change the daily life of millions of Russian residents for the better, "said Alexander Terekhov, director of the department of digital mobile technologies at Samsung Electronics.[1]
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Notes