Abu Dhabi Commercial Bank (ADCB), Visa & PaySky, Inc. transform merchant smartphones into payment terminals ADCB is launching UAE’s first virtual Point of Sale, POS, payment terminal, in partnership with Visa, the world’s leader in digital payments. ADCB PACE PAY facilitates card payments through the merchant’s smartphone, empowering traditionally cash-driven SMEs to continue doing business despite social distancing.
Developed by payment service provider PaySky, Inc., ADCB PACE PAY is the only virtual POS available on both Android and IOS platforms. The app is compatible with all smartphones and tablets, eliminating the need to invest in a physical device. In addition to scanning a credit or debit card in-store, ADCB PACE PAY allows remote payments for home deliveries by generating payment links that can be shared via social media such as WhatsApp, Facebook Messenger, SMS and email.
The solution is pre-integrated into Visa‘s payment gateway, making it easier for smaller merchants to transition to eCommerce without the long and expensive integration process. They simply need to login to start using ADCB PACE PAY. Having multiple users on the same account enables greater home delivery coverage.