In a changing environment, retail merchants are finding ways to improve efficiencies and automate to capture more customers and grow revenue. Similarly, banks are looking for unique value propositions. Innovative companies are reshaping the way we manage payments and transactions. Two such disruptors are LayUp Technologies and Newland Terminals. While the former is known for its approach in the realm of Save Now, Buy Later (SNBL) services and terminal payment solutions, the latter showcases the transformative potential of such technologies.
Newland Terminals is a leading provider of innovative payment solutions, offering a wide range of cutting-edge payment terminals designed to meet the evolving needs of businesses and customers. Their comprehensive suite of stand-alone payment devices, which feature state-of-the-art technology, provides cost-effective and efficient payment solutions to companies like LayUp.
A dynamic and innovative fintech company based in South Africa, LayUp is a value-added service that offers a unique lay-by payment solution that caters to businesses and consumers alike. With LayUp, customers can instantly sign up and verify themselves electronically, removing the need for manual capturing. Once registered, the customer has multiple ways to transact, giving flexibility and choice to an array of customers. This revolutionary approach not only enhances the customer experience but also supports businesses in boosting sales and fostering customer loyalty.
Through strategic partnerships and continuous innovation, Newland Terminals remains at the forefront of the payment industry, delivering tailored solutions to meet the unique requirements of businesses across various sectors. LayUp’s cutting-edge platform seamlessly integrates with various payment methods, providing convenience, flexibility, and financial empowerment. With a commitment to financial inclusion and convenience, LayUp is changing how people shop and pay in South Africa’s retail landscape.
A Value-Added Service
Banks are increasingly on the lookout for unique value propositions in the financial landscape. Dashpay, for example, has strategically partnered with banks, enabling them to order terminals imported from China through Newland’s network. These terminals provide businesses with access to advanced card machines that offer a range of value-added services (VAS). LayUp, on the other hand, has revolutionised the payment landscape through its recurring payment system, which is fully compatible with all Newland devices. The integration of LayUp’s value-added service with Newland’s cutting-edge payment platform-as-a-service system empowers merchants to offer prepayment services seamlessly at any point of sale.
The partnership extends even further through collaborations like Dashpay, allowing merchants to effortlessly provide various recurring payment products and pre-payment services, all within a single application, offering flexibility and convenience in multiple ways.
Retailers like PnP, Union Tiles, and The Bed King have also embraced this technology and are experiencing the immediate advantages of providing VAS on pre-payment card machines.
READ MORE: Dashpay Partnership Puts LayUp at the Fingertips of Thousands of Merchants and Millions of Customers
How Does it Work?
A Single Device, Multiple Services
The integration of LayUp’s CAS solution with Newland’s latest payment platform-as-a-service system enables businesses to offer pre-payment services at any point of sale.
Endless Possibilities
Merchants can seamlessly offer multiple recurring payment products or prepayment services, all through a single application.
Efficiency and Automation
In today’s rapidly changing retail environment, businesses are looking for efficient and automated solutions to capture more customers and increase revenue. LayUp’s custom-built application provides businesses with automation and digitisation of previously manual in-store payment facilities.
Streamlined Customer Experience
Merchants can create, verify, and activate a customer in less than 60 seconds, allowing customers to make future payments seamlessly through a personalised dashboard. This eliminates manual administrative work and simplifies the payment process.
Partnership with Banks
A key highlight of this partnership is the collaboration with banks to offer value-added solutions. Businesses can provide their customers with the latest in payment technology and services.
READ MORE: Financial Inclusion in the Digital Age: The Role of Lay-By Payment Solutions
The Exciting Prospect: Stand-Alone Terminals
One of the most exciting aspects of the LayUp and Newland partnership is the focus on providing businesses with cost-effective stand-alone terminals. These terminals offer a simplified approach to payment processing and can be seamlessly integrated with LayUp’s value-added assistance.
The collaboration between LayUp Technologies and Newland Terminals showcases the power of innovative partnerships. By adding their tech onto stand-alone terminals, they provide businesses with flexible and cost-effective solutions for payment processing. This partnership not only streamlines transactions but also ensures businesses are at the forefront of payment technology, delivering an unparalleled customer experience. Whether you’re a small business or a large enterprise, the LayUp and Newland partnership opens doors to a new era of transaction efficiency.
LayUp enables online and in-store businesses with recurring payment technology. No risk, just revenue. Sign up today.
