Nigeria’s first digital bank, Kuda, has added a new feature to the Kuda Business app, which includes Sales Mode, Kuda Payroll, and business registration.
TechPoint reported that the Nigerian neo bank is set to launch a SoftPoS feature, allowing users to accept smartphone cardless payments.
SoftPoS permits customers to accept contactless cards and turn their smartphones or tablets into a secure payment terminal or Point of Sale (PoS).
Also, due to the recent hiccups experienced by bank customers and their inability to use mobile apps and other digital touchpoints, Nigerians have begun the search for alternatives as fintech firms have taken over the ecosystem and provided better experiences.
These licensed mobile operators have provided relief to many Nigerians at the time of unprecedented transaction failures.