Zbooni launches touchless checkout to empower SME retail
Mita Srinivasan
10X Technology
Published:

Zbooni launches touchless checkout to empower SME retail

The new service follows a growing trend amongst people choosing to go ‘cashless’, with around two-thirds of people in the UAE expecting to be fully cashless by 2030

Zbooni has launched its secure touchless checkout technology as it aims to support and revitalize the retail sector. Thousands of businesses already benefit from Zbooni’s customized platform that allows merchants to easily understand real-time data about their customers, send payment links and conveniently track and manage invoices. The new technology addition allows merchants to share a QR code which links to payment options for their customers.

The technology adds a layer of security, while enhancing user experience, and making payments faster and easier for SMEs. Zbooni’s touchless checkout allows consumers to make instant payments using smartphones, ensuring a seamless shopping experience. The technology is ideally suited for physical retail stores, but also for face-to-face interactions at the home or office, such as deliveries, repairs, cleaning services, maintenance or any other traditional ‘cash in hand’ jobs.

Zbooni, CEO and co-founder, Ramy Assaf, said: “We’ve been working successfully with online businesses and physical stores for a number of years, but one of the overwhelming requests from our retailers was that they needed a way to quickly and easily accept card payments without a point-of-sale device. We listened and developed this contactless technology which simply requires the merchant to have a mobile phone and the customer to have one too. Given that we live in one of the most mobile-connected regions in the world, it enables retailers to interact and accept payments from virtually everyone, anywhere.”

The new service follows a growing trend amongst people choosing to go ‘cashless’, with around two-thirds of people in the UAE expecting to be fully cashless by 2030, according to a poll by Standard Chartered. Almost half of all UAE respondents (47 per cent) also prefer making online payments rather than using in-person cards or cash. This trend is only going to amplify, with Euromonitor International research suggesting that non-cash payments in the UAE are set to reach 73 per cent by 2025.

Zbooni has also been assisting the Dubai Government in their Cashless Dubai Working Group, established in November 2020, bringing Smart Dubai together with various Dubai Government entities to create effective plans to shift all payment transactions to secure and easy-to-use cashless platforms across all sectors.