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Fintech · SoftPOS2024

Nearpays

Turning any Android phone into a card terminal

An all-in-one payments and business platform for African SMBs: tap-to-pay on a phone instead of a POS terminal, plus virtual dollar cards, locked savings, and a multi-location business dashboard.

4.8★
From 1,000+ reviews
2
Countries live
24%
p.a. on locked savings
0
Hardware required

The problem

A physical POS terminal is a real barrier for a small merchant in Lagos or Accra: upfront cost, procurement delay, a device to maintain. Meanwhile every one of those merchants already carries an NFC-capable Android phone. The hard part is that accepting a card on a general-purpose phone puts you squarely inside PCI's software-based PIN entry requirements.

What we did

01

Built the SoftPOS layer to read contactless cards over the phone's own NFC radio. No dongle, no terminal, no procurement cycle.

02

Stood up a dedicated attestation and security service that checks device integrity before a transaction is permitted, so a rooted or tampered handset is refused rather than trusted.

03

Split the platform into independently deployable services for payments, authentication, security attestation and support, so a change to savings never risks the card path.

04

Added dollar-denominated products (virtual cards, locked savings) on the same ledger, giving merchants an inflation hedge alongside their float.

05

Designed the multi-location dashboard around the real question owners ask: which outlet took what, right now.

Outcome

Live on iOS and Android across Nigeria and Ghana, serving retail, food and beverage, healthcare, beauty and professional services merchants, with 1,000+ reviews averaging 4.8 stars.

What we delivered

  • SoftPOS / tap-to-pay
  • Device attestation service
  • Payments API
  • Virtual dollar cards
  • Savings products
  • Merchant dashboard
  • Mobile apps

Stack

NestJSTypeScriptPostgreSQLRedisAndroid NFCReact NativeMicroservices

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