How To Make Mobile Payments Sans Internet

Making mobile payments using an internet connection would soon be a thing of past with Edgepay POS terminals leveraging recently developed NearBytes technology that operates on encrypted sound.

NearBytes, which was developed last year by Brazilian startup Kinetics, is a sound-based data transfer technology that encrypts data and produces cricket-like sound. When the POS attendant inputs the details of the transaction, the data is transferred using NearBytes. The phone user is then required to enter a banking PIN on his or her phone to authorize the transaction. Once the POS receives the authorization from phone, it sends a request to the bank for processing the transaction and then prints a receipt.

The Edgepay POS, which has been developed by Zimbabwean company Edgetech, works in conjunction with an iOS/Android app on a payer’s cell phone, and thus allows a card free payment using just the microphone and speaker of customer’s mobile.

The Edgepay POS unit has a microphone and speaker for using NearBytes technology, an EMV, NFC, and an Europay, Mastercard or Visa magnetic tape reader, according to

Edgetech has been receiving interest from banks and financial institutions, the website reports.

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