Yahoo! Finance
Honeywell (Nasdaq: HON) today announced the release of Honeywell Smart Pay, a contactless software payment solution enabling the company’s powerful mobile computers to become secure and compliant payment terminals, accepting contactless mobile payments from anywhere a business sells or delivers goods and services.
Honeywell Smart Pay gives sales associates and service employees the power to finalize payments on-the-spot in retail, parcel delivery, public transportation services and other businesses where mobile payment can be used.
With a major chip-enabled credit card or contactless payment-enabled mobile phone, any employee with a Honeywell mobile computer, including the award winning CT30 XP and CT40 XP, can accept payment from a consumer either out in the field or in store, improving the overall customer experience and providing a seamless transactional experience with increased security and flexibility of payment options.
“Effortless check-out and the delivery of specialized customer service can help create loyal customers and make lasting impressions,” said Taylor Smith, chief technology officer of Honeywell Productivity Solutions and Services. “We designed Honeywell Smart Pay with the goal of helping merchants make consumer purchasing faster, easier and secure – making the customer experience better.”
More people are using cards and digital wallets to make purchases in store instead of using cash. The Federal Reserve Board noted that in 2021, only one in five consumers preferred to pay with cash for in-person payments. Salesforce1 recently reported 83% of consumers have already used contactless payments, and 65% of customers plan to use contactless payments more in the next three years.