OLB Group Simplifies Contactless Payments with Dynamic QR-Code Support
April 01, 2021 at 07:00 am EDT
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The OLB Group, Inc. announced that merchants utilizing its OmniSoft™ cloud-based business management platform or SecurePay™ Payment Gateway can now offer customers an additional contactless payment option at the PoS using transaction-specific QR-codes. The feature is available to OLB merchants immediately. The dynamic QR-code displayed at the PoS represents a unique payment record complete with all necessary transaction details. Merchants utilizing OLB’s QR-code services can select acceptable funding sources including Apple Pay® and Google Pay®, multiple cryptocurrency wallets, and other digital payment applications. All services are available through standard PoS terminals and platforms supported by OLB’s SecurePay Payment Gateway. In addition to QR code support, OLB facilitates contactless Near Field Communication (NFC) transactions utilizing NFC-enabled cards and mobile devices at PoS terminals equipped with NFC readers. All transaction and payment details are encrypted and secured throughout the process.
The OLB Group, Inc. is a diversified Fintech eCommerce merchant services provider and Bitcoin crypto mining enterprise. Its eCommerce platform delivers cloud-based merchant services for a comprehensive digital commerce solution to over 10,300 merchants in diversified market sectors in all 50 states. Its business functions through three subsidiaries, eVance, Inc. (eVance), OmniSoft.io, Inc. (OmniSoft), and CrowdPay.Us, Inc. (CrowdPay). OmniSoft operates a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses. eVance provides competitive payment processing solutions to merchants, which enable merchants to process credit and debit card-based internet payments for sales of their products. CrowdPay.US operates a white label capital raising platform that targets small and midsized businesses seeking to raise capital. DMint, a subsidiary of the Company, is engaged in the mining of Bitcoin in Tennessee.
THE OLB GROUP, INC. 
