UNITED Bank Limited (UBL), in collaboration with technology innovator TapSys, launched SoftPOS, which transforms smartphones and tablets into payment terminals, according to a press release. This offers businesses versatility, convenience, and security.

SoftPOS by UBL is a comprehensive solution compatible with a wide range of Android devices, eliminating the need for additional hardware investments.

Tughral A. T. Ali, Head of Digital Money and Financial Inclusion at UBL, noted, `This initiative marks a significant milestone in our mission to drive digital payment adoption and empower local enterprises.` Karim Jindani, CEO of TapSys, expressed excitement about expanding digital acceptance in Pakistan, stating, `SoftPOS will enable merchants in Tier 2 and Tier 3 cities to onboard and accept card transactions digitally.`•