Intelligent Tech Channels LATAM Issue 07 | Page 41

EXPERT SPEAK
As a result , we can affirm that Brazilian establishments are facing a new landscape of payment methods , with accelerated
By transforming everyday devices into secure and efficient tools for payment processing , SoftPOS reduces merchants ’ costs .
Digital Transformation demanding a fresh perspective on alternative payment methods . At the onset of the pandemic , 88 % of Brazilians considered contactless payment more convenient than using cash , and 75 % of this group that tried the technology indicated they intended to incorporate this new habit .
Now , post-pandemic , contactless payments with cards or other devices totaled BRL 191.3 billion in the first quarter , an 85.4 % increase compared to the same period last year , according to the Brazilian Association of Credit Card Companies and Services ( Abecs , in Portuguese ). Contactless transactions in March reached 43 million payments per day . Experts agree with research that points to a continuous and significant growth curve in the coming years .
In this new environment , one convenience emerging as a trend is SoftPOS or Point-of- Sale Software . It is a new technology that enables smartphones or tablets to process purchases , accepting various forms of contactless payments . SoftPOS completely
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