PayBy solutions are based on low-cost and easy-to-use QR Code technology. These solutions can also be deployed through mobile applications, websites or traditional stores. This technology enables merchants to collect improved, efficient and fast revenue, without monthly recurring fees or Setup costs.
The smart code, which is one of the company’s innovative solutions, is one of the solutions that support the retail sector in the UAE, which is recovering from the effects of the Covid 19 pandemic, as companies do not bear any capital expenditures or recurring costs. By using the smart code such as printing the code Smart PayBy, companies can then run promotions, create customer loyalty programs, and run sales propositions to improve customer retention.
The smart box is low-cost and easy to install to complement the work of existing POS, while allowing consumers to use QR code-based payments; The box works like a card scanner, whereby users place their phones on top of the box so that it can be scanned.
The small and medium-sized business sector in the UAE plays an important role in developing the economy, as it includes 95% of all companies, and employs 42% of the workforce in the country. The SME sector contributes 40% to the value of Dubai’s economy, and 60% to the UAE economy.
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