SoftPOS- the revolution in card payments - will shake up the fintech industry
One most exciting topics in the sector this year is certainly SoftPOS - the revolution in card payments that turns smartphones into contactless POS terminals. That commented Pavel Kaminsky, Founder and CEO, 7Security, GmbH.
SoftPOS eliminates the need to purchase expensive POS devices for merchants; they can simply download an app from Google or Apple and start accepting payments instantly.
Why is 2023 so important? In 2022, the PCI Council released MPoC - Mobile Payments on COTS -, which standardizes security requirements for acceptance of Card and PIN data on the same mobile device. This enables SoftPOS technology providers to develop new mobile payment applications and solutions based on MPoC-certified SDKs.
I expect SoftPOS to unfold its full potential in 2023
I have been attending DIGI PAY since its very beginning and I see how it improve each year. DIGI PAY is event that Fintech professionals in Bulgaria cannot afford to miss.
It has always been a pleasure for me to be involved in DIGI PAY as a panel host or as a participant. I am now joining the event as an Advisory Board, as I want to help further accelerate its growth. I want to contribute with my wide knowledge of the Fintech industry and its trends, as well as use the experience I have gained from international Fintech conferences. I have joined as webinars leader, Advisory Board, panels’ host, or participant (MPE Berlin, Fintech Connect London, Pay360 London, Money2020 Amsterdam, Money2020 Las Vegas, and many others).
The Bulgarian Fintech industry is growing and developing, and it is invaluable to have an event like DIGI PAY that brings together professionals and enthusiasts in one place, so we can discuss the topics of the day and build partnerships. As part of the Advisory Board, I want to make sure DIGI PAY 2023 is our strongest event yet, reaching as many Fintech professionals as possible, and including the most relevant and useful topics in its program.