AllTap: Empowering India's smallest merchants with digital payments acceptance

AllTap: Empowering India's smallest merchants with digital payments acceptance

COVID-19 acted as a catalyst for integrating contactless payments at the Point of Sale (PoS) and digital payments adoption saw a surge among small business owners.

Over two decades of financial technology experience enables us to stay a step ahead, lead and deliver products that address the needs of an entire nation when it comes faster, credible and seamless payment solutions. Our recent launch of Pine Labs AllTap mobile payments app is a testament to this vision of accelerating digital payments acceptance in India. With the Reserve Bank of India increasing the limit for 'tap and pay' contactless card transactions to Rs. 5,000, one can expect to see far greater use of contactless payments during checkout. At Pine Labs, we also launched AllTap, to empower small merchants who were looking to accept digital payments quickly using just their smartphone. It is a revolutionary mobile payments solution that turns an NFC-enabled smartphone into a payment acceptance device without the need for any additional hardware.

Pine Labs AllTap: A revolutionary digital payments acceptance solution

Changing consumer behaviour especially after the pandemic has led to a greater adoption of contactless payments as they are perceived to be safer due to the fact that customers don't have to hand over their cards to the merchants to swipe/dip/scan it on the PoS device. They can make a payment with a simple tap on an NFC-enabled smartphone to process the payment quickly and securely.

This capital-light model of accepting payments using just an NFC-enabled smartphone with AllTap is helping small merchants accept multiple payment modes, including digital wallets, QR, UPI, debit, and credit cards. Not to forget that link-based payments for door-step delivery can be triggered and there is the option of executing #PayLater EMIs as well that come with the app.

This low-entry barrier solution can help small businesses tap into the rising consumer base of digital payment users in India. There are over 800 million debit cardholders in India and one can only imagine how the 'tap and pay' feature can be a major boost to the digital India vision. As we strive harder to move towards a cashless economy, Pine Labs AllTap can help solopreneurs, gig economy workers, and small entrepreneurs tap into this customer base and optimise every opportunity of boosting their revenues and sales.

It is as secure as any digital payment acceptance mode and certified by PCI SSC along with major networks like Mastercard, Amex, Visa and RuPay.

The app is available on Google Play Store for FREE at no cost. With features like easy and single reconciliation process, fully digital onboarding and minimum documentation, it ushers in a revolution in digital payments acceptance for the 63 million MSMEs in India.

Download the Pine Labs AllTap from Google Play Store and start growing your business with us.

It is easy to use, and you can start accepting over 100+ digital modes of payments right away. For any queries on Pine Labs AllTap, please feel free to reach out to us at getstarted@pinelabs.com