Pine Labs launches AllTap app to turn phone into payment acceptance device

With AllTap, small merchants who aren't ready to invest in a traditional point-of-sale terminal can immediately start accepting digital payments on their NFC-enabled smartphone

Fintech unicorn Pine Labs, known for its point-of-sale (PoS) machines, has launched AllTap, a feature-rich app that can significantly accelerate digital payments adoption in India. 

With AllTap, small merchants can immediately start accepting digital payments on their NFC (near-field communication)-enabled smartphone without the need for any additional hardware. The move would help PineLabs to take on players such as Paytm, PhonePe and Google Pay which are also wooing small merchants.

While the ongoing pandemic propelled the adoption of digital payments in India, a large and critical segment of small entrepreneurs are still untouched by digitization. Pine Labs AllTap addresses this