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MEPS & PayTabs partner to launch ‘Tap to Phone’ payment acceptance in Middle East

By Delisha Fernandes

September 14, 2023

  • Contactless Payments
  • Digital Payments
  • Fintech news
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Middle East Payment Services, PayTabs, Tap to Phone' payment, small businesses, Digital Payments, contactless payments, merchants, SMEs, FinTech news, FinTech Saudi ArabiaMiddle East Payment Services, has announced its strategic collaboration with PayTabs, to launch the latest version of the ‘Tap to phone’ soft POS application: MEPS FAST.

‘Tap to phone’ facilitates secure contactless payments from small businesses in retail, tourism, leisure, delivery and logistics, entertainment, hospitality, food and beverage.

The MEPS Fast mobile app transforms merchants’ personal Android phones into high-speed point of sale terminals, enabling seamless acceptance of contactless payments from NFC enabled MasterCards and Visa cards.

Ali Abdel Jabbar, CEO of Middle East Payment Services Company, said,” The launch of the newer version MEPS Fast is a reinforcement of the company’s slogan “Powered by Innovation,” which distinguishes MEPS from other competitors in Jordan through its continuous deployment of the latest solutions. This unique service is in line with the company’s vision towards achieving financial inclusion in Jordan and expanding our customer base of merchants, with the focus on small and medium-sized companies such as home delivery, transportation, and distribution companies.”

For Jordanian retailers, the key advantage of soft POS over traditional POS machines is that the MEPS Fast app does not require additional hardware. Once downloaded the solution will be available to retailers round the clock, facilitating digital payments at any hour. MEPS Fast also supports the ‘PIN on Glass’ feature so the PIN entry will be made directly on PCI certified touchscreen payment devices.

As an added benefit for retailers, MEPS also announced a collaboration with Huawei to purchase discounted Android devices that may be paid in 12 easy monthly installments at 0% interest. The discounted price on the devices will be exclusive for MEPS merchants in Smart Buy.

Eyad Musharbash, Regional General Manager for Levant & Southern Gulf PayTabs said, “Facilitating secure digital payments is a game changer in Levant’s payments landscape. We are excited to once again partner with MEPS to bring innovative, low-cost acceptance solutions that meet the evolving payment needs of small businesses in Jordan. The convenience, security, and ease-of-use provided by MEPS Fast will undoubtedly boost businesses’ capabilities while enhancing consumers’ payment experience.”

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