integrated qr acceptance for retailers - electrum payments · the untapped closed loop market...
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Integrated QR Acceptance for Retailers
Retail Solutions
The Untapped Closed Loop MarketMobile phone apps are fast replacing people’s wallets; even exercise apps and wearables are able to facilitate payments. Most retailers are only offering traditional, open loop payment options, however, there is a case to add closed loop payment types; such as wallets, prepaid cards, vouchers, loyalty points and more, to your checkout offering.
Seamlessly aggregate all payment types with one QR codeOffering closed loop payments through an integrated and dynamic QR code system enables you to:• provide frictionless payment choice to your customers using
any smartphone• offer multiple payment types within your brand’s
mobile app• process the payment and confirm your consumer’s identity
in one transaction
Payments using:• Bank Cards• Vouchers• Virtual Gift Cards• Mobile Wallets• Loyalty• EFT
Financial Services for:• Person to Person Transfers• Deposits• Withdrawals
With the addition of closed loop payments you are able to:
Lower interchange fee burden
Increase customerfootprint
Improve loyalty
Contact usElectrum [email protected]+27 21 448 6422 (office)+27 21 447 1227 (support)www.electrum.co.za
Physical Address16A Newmarket St,Foreshore,Cape Town, South Africa
Electrum’s QR aggregation solution helps you accept traditional and alternative payments. The QR code request is initiated from your POS device and fulfilled when your shopper chooses their preferred payment method within your brand’s mobile app loaded on their smartphone.
Aggregated Alternative Payments
Mobile AppWallet/Account/Store of Value
Electrum QR Hub
electrum.co.za
Available Integrations
Credit Provider
LoyaltyOpen Loop
Wallet
Code-based Voucher
Prepaid
QR provider