One payment point, all payment points – P2

Lab4Pay has developed an all-in-one solution integrating payments, tax, marketing, and value-added services (VAS) in one device. The device results from years of experience with payment systems, feedback from merchants, customers, and providers of new payment systems, and many conversations with experts and business partners in the world of payment systems.

Lab4Pay enables the acceptance of different payment systems for all providers who are already familiar with and use traditional POS terminals on a daily basis, as well as for businesses that still operate with cash only. The POS terminal can be complemented with a set of services that allows a unified and transparent payment process, which only changes depending on the payment method in the third step (payment), but allows the payment always to be made through the same device with the same user experience.

The company has offered the market a single multifunctional device, which allows for lower cashless payment fees due to the increased number of revenue streams, while also reducing the hardware cost. This offers a cheaper solution for retailers and a wider choice of payment methods and a simpler payment process for customers.

Find out more about the project: https://www.lab4pay.com/