Latpay Terminal vs Moveney

Using our Terminal Application is easy. Simply download the secure app on any iOS Devices, register your merchant account with latpay, and you can start accepting payments. For invoice payments or over the counter sales, simply Tap your customers’ card and the payment will follow the same rigorous controls and authentication protocols as our tried and tested e-Commerce transactions. In fact, the transactions will pass through the same latpay payment hub as a “card not present” transaction. Mobile Payment Statistics Over 2 billion mobile phone or tablet users make mobile commerce transactions each year. 62% of smartphone users have made a purchase online using their mobile device in the last 6 months. Australia & New Zealand businesses experienced a 33% growth in mobile commerce from 2016 – 2017.

Moveney offers merchants the ability to take contactless payments through their own mobile phone. Our Soft Point of Sale (Soft POS) application has been designed and developed to ensure every merchant is able to start taking contactless payments without the need to invest in any additional infrastructure that includes card readers, receipt printers and more. We are committed to simplifying the payments ecosystem for merchants while also ensuring we work towards contributing to the future of the payments industry keeping in mind the larger sustainability goals that humanity has set for itself around reducing plastic wastes and consequently the carbon footprint. Soft Point of Sale is the latest evolution to have seen support from card schemes, acquirers and phone manufacturers allowing us to develop a solution which can be downloaded as an application on to your iOS device.  Our Soft POS utilizes the mobile phones inherent NFC capability to enable merchants to be able to take contactless payments. Moveney will ensure the payments will be settled within 48 hours in most cases. Please note that the first set of settlements upon onboarding will take up to seven days which is also the period that is required for a more detailed verification of the business and to ensure the merchant is legally allowed to trade. - Onboarding: One of the major highlights of our soft POS application is the ease of onboarding. Please ensure you have your business registration details, proof of identity in the country you trade in handy to go through the onboarding process. We anticipate the onboarding process to take an average of about ten minutes provided you have the details that are requested during onboarding. We have designed the onboarding flow in a way that merchants will be able to start taking payments within ten minutes provided they have the details available. - Inventory Management: We recognize that merchant requirements can be diverse and will cover varied aspects of managing their inventory, tracking revenues, analyzing sales, updating stocks apart from taking contactless payments. Our inventory management section allows the merchant to add products, create categories, add cost and selling prices for revenue and profit analysis, add and amend discounts dynamically. We also allow merchants to import the list of products through our csv template. Download our application now and checkout the various features, we have to offer in our inventory management section. - My Terminal: Our Soft POS application ensures we provide merchants with the capability to scale their payments infrastructure without any limits and seamlessly. Our application allows the merch This is by far the most useful feature we are proud of, giving merchants the ability to add as many additional point of sale terminals as they require within minutes and control the permission levels given to these additional terminals. All they need to do is click on ‘Add Terminal’, enter the details and that phone is added under the business as an additional point of sale terminal. It is that easy! - Transactions: Our Transactions section does precisely what it reads. The merchant will be able to view all the payments inclusive of authorized, settled, failed transactions by the available time periods. - Graph and Analytics: We understand sales and revenue insights are paramount to enable merchants to grow their business. We have built this feature where you can explore, the revenue and sales by the day, week, month, terminal, and product while also selecting multiple filters to precisely understand valuable insights that help you grow your business.