Byblos Bank Armenia is introducing FlexiPOS – a new contactless cashless payment app for businesses.

FlexiPOS is a convenient tool that legal entities and individual entrepreneurs can download to turn a smartphone into a fully functional POS terminal, accept payments and perform other transactions.

The service can be activated on NFC-enabled Android smartphones with Internet access. Businesses can then accept payments from contactless cards, as well as from Apple Pay, Google Pay and other digital wallets.

After the app has been downloaded, it can be accessed with a password sent to the vendor’s email address. Customers can make contactless payments by hovering their card over the device.

Detailed information about the service can be found on the Bank's official website.