Nationwide Australia Financial institution is coming into the mPOS enterprise, launching an app that turns Android telephones into contactless card acceptance units.
Powered by funds tech accomplice Quest, NAB Simple Faucet is being pitched to small companies and other people with a “facet hustle”, promising no minimal buy quantity and no upfront prices.
NAB group government, enterprise and personal banking, Andrew Irvine, says: “That is good for Australians with a facet hustle – assume your native farmers market, espresso carts and cellular hairdressers who don’t wish to lug round a cost terminal or dongle and who’re in search of prompt perception into how their enterprise is performing.”
Earlier this 12 months, rival Westpac started providing small companies comparable know-how for accepting contactless funds through Android telephones.