Nedbank’s ‘tap on phone’ – a first in Africa – empowers SMMEs with safe and secure contactless payments

At the height of the global Covid-19 pandemic, Nedbank became, and still is the only bank to offer small, medium and micro enterprises (SMMEs) digital payment capability by enabling merchants to turn their mobile phones into a payment acceptance device with the launch of its Tap-on-phone functionality in October 2020. Source: BusinessTech