" class="no-js "lang="en-US"> Softpay integrates BankAxept for tap-to-phone payments - Fintech Finance
Monday, April 15, 2024

Softpay integrates BankAxept for tap-to-phone payments

Softpay is excited to share that it now accepts BankAxept, the leading card scheme in Norway, as part of its advanced payment solutions. Softpay is the first company to offer a tap-to-phone solution that accepts BankAxept, ensuring fast and secure transactions for both merchants and customers.

During the pilot phase, through successful partnerships with Plantasjen, Kristiansand Dyrepark, among others, the integration of Softpay’s technology with BankAxept’s payment scheme demonstrated high effectiveness.

With Softpay, merchants can use any Android device to accept BankAxept cards in-store, at pop-up locations, or for deliveries, providing mobility and reducing transaction costs. Softpay has been used successfully by small merchants like local hairdressers or restaurants and by enterprise and global merchants like fashion, health and beauty, and sports retailers.

Not surprisingly, we experience great demand for BankAxept, which is a very cost-effective, secure and fast payment method. This is super good news for all existing customers and not least for those who are dying to get started but have been waiting for this to come into place, – says Halvor Kaafjeld, Head of Softpay in Norway.

“Although we will probably see the traditional payment terminal in the market for quite some time to come, it is clear that the trend is towards merchants going for more software-based solutions where they no longer need the physical payment terminal. Many of the Norwegian cash register systems are already integrated with Softpay so that the user site can easily get started with running both cash register and payment applications on one and the same device.

Not surprisingly, we experience great demand for BankAxept, which is a very cost-effective, secure and fast payment method. This is super good news for all existing customers and not least for those who are dying to get started but have been waiting for this to come into place.

I would also like to add that all of us from Softpay who have been involved in the project are very satisfied with the project implementation. It has been a pleasure to work with both BankAxept and BITS and we look forward to a further good partnership with BankAxept, says Halvor Kaafjeld, head of Softpay in Norway.”

BankAxept is integral to the Norwegian economy, facilitating a significant portion of in-store transactions with its cost-effective and widely accepted payment system. The integration with Softpay allows merchants across Norway to access fast, secure, and versatile payment options, enhancing the customer experience.

Softpay’s platform supports various acquirers, card schemes, and digital wallets, including Apple Pay, Google Pay, and Samsung Pay. This ensures that businesses can easily meet customer’s payment preferences, utilizing tap-to-phone technology that converts any Android device into a contactless payment terminal with a pin.

We are very content that BankAxept is available as an app-solution. It´s cheaper and simpler to get started for smaller businesses, and it provides flexibility for businesses that have peak-periods where more selling points can be added in no time. We believe the combination of traditional terminals and multiple mobile selling points will be common in the future, – says Anita Frantzen, Head of physical cards in BankAxept.

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