Small business resolutions to boost cashflow
January 27, 2021
Netcash, SOLIDitech collaborate to enhance billing and invoicing for ISPs
February 23, 2021Netcash and Cloudone.mobi have announced a partnership to make it faster, simpler and more convenient for small and medium businesses in the hospitality and retail sector to accept and reconcile payments. Included are contactless mobile payments using South Africa’s most popular QR code applications.
Tight integration of TallOrder Point of Sale (POS) software and the Netcash Pay Now payment platform enables TallOrder users to accept hassle-free contactless payments with a scan of a QR code linked to the POS system. QR code payment services and apps that are supported include Absa, Capitec, FNB Pay, Masterpass, Nedbank Scan to Pay, Snapscan, Standard Bank, VodaPay and Zapper.
In addition to QR payments, the platform also enables acceptance of debit and credit card payments, Instant EFT, Bank EFT and retail payments using a single interface. Merchants can now give their in-store, phone-in and eCommerce customers a wide range of payments options without the high transaction costs and complexity of managing multiple payment ecosystems and platforms.
TallOrder POS integrates with cutting-edge card readers, allowing small businesses to easily accept and process payments from card-carrying customers. It enables businesses to extend their revenue stream by allowing customers to order and pay directly from any device and in any location. A restaurant can, for instance, accept takeaway orders by phone or online and approve them for preparation and collection once the customer pays.
Netcash Statement Integration, meanwhile, saves time reconciling transactions and gives the retailer instant information about transactions. The merchant can reconcile invoice payments to accounting software off a single statement. This helps to save time, increase accuracy and eliminate the risk of misallocation.
“The partnership between TallOrder and Netcash relationship offers small business owners an integrated payments and POS solution that will help them grow their businesses and offer a more convenient payments experience to their customers. We are pleased to work closely with a partner that shares our commitment to improving payment processes for young startups and small business owners,” says Charles Pittaway, Netcash MD.
Consumers have become more open to digital and contactless payments, with many expecting to enjoy the convenience of paying via simple QR code scan when they shop in-store or online,” says Dana Buys, CloudOne CEO and founder. “Retailers, takeaways, restaurants and other small vendors are consequently looking for better and more versatile ways to process payments. TallOrder and Netcash answer this need with a secure, truly contactless payment experience.
About Netcash
Established in 2003, Netcash is a payment solutions provider delivering debit orders, salary and creditor payments, Pay Now, eCommerce, and risk report services to South African businesses and organisations. The company provides multiple innovative and integrated online payment solutions that are efficient, simple, and cost efficient. Netcash is registered with the FSCA, PASA and is PCI DSS Level 1 compliant.
