AccessBank Launches an Innovative Payment Acceptance Service for Business Clients | Banco.az

Continuing its client-centric strategy and active adoption of innovative solutions, AccessBank announces the launch of a new payment acceptance service for business clients — myPOS. With this solution, a smartphone can now function as a fully operational payment terminal. The launch of this service was supported by Visa, the global leader in digital payments.

You can learn more about the service via this link: https://www.accessbank.az/az/business/pos-ecom/#m-pos

The myPOS application is powered by the tapXphone service — a convenient, secure, and cost-effective way to accept cashless payments, designed primarily for small and medium-sized businesses. Instead of purchasing and maintaining a traditional POS terminal, entrepreneurs only need an Android mobile device with NFC (Near Field Communication) capability. After installing the tapXphone and myPOS apps, they can instantly start accepting payments.

Based on Visa Tap to Phone technology, the service is especially useful for businesses in retail and services — including cafés and restaurants, delivery services, barbershops, taxis, and mobile vendors. The solution offers mobility, convenience, and cost-efficiency, while fully complying with all security requirements.

Customers can make payments in their usual way — using contactless bank cards, smartphones, smartwatches, and other compatible devices.

“At AccessBank, we always strive to provide our clients with innovative solutions that meet the demands of today’s digital economy. We understand that for small and medium-sized businesses, it is especially important to optimize operational costs and improve customer service. This solution opens up new opportunities for our clients — they can accept payments anytime, anywhere, without additional equipment costs. It is a technological, economical, and completely secure tool that supports business growth in a fast-changing world,” an AccessBank representative commented.

“The technology that turns a mobile device into a payment terminal has already proven itself in many countries around the world. As cashless transactions rapidly grow in Azerbaijan, there is strong demand among businesses for new payment solutions. We are confident that with this joint offering, thousands of AccessBank clients from across the country will begin accepting payments quickly, easily, and securely. At the same time, entrepreneurs can rest assured about the safety of transactions, as tapXphone fully meets the standards of international payment systems,” the developers added.

To activate the service, businesses can contact AccessBank, where specialists will provide full support at every stage — from consultation to app setup and configuration.

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