LevelUp has integrated its QR code-based payments system with ShopLeep’s iPad POS. Under the terms of the partnership, LevelUP will provide its merchant partners with their own POS system whilst merchants with existing ShopKeep infrastructure can still accept can still accept LevelUp payments.
All transactions will be consolidated by ShopKeep POS into one report which can be accessed anywhere. Furthermore, merchants stand to benefit from LevelUp’s 0% payment processing fees.
“The mobile payment industry is poised for tremendous growth,” said ShopKeep POS founder and CEO Jason Richelson in a statement. “We are dedicated to making business processes simple for our merchants and always aim to offer them the latest tools in the market. LevelUp shares our sensibility and we are thrilled to work with them.”
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more