The Digital Payment Solution in Pakistan Selling Machine

Staff Reporter ISD: Pakistans technology company Wavetec has developed countrys first Near Field Communication (NFC)-enabled vending machines. This would promote digital payment solution in Pakistan. The vending machines have the capacity to hold 350 items – snacks and beverages – and operate on NFC technology. A form of contactless communication, NFC enables users to wave over their smartphones or tap their plastic cards to an NFC-enabled vending machine, which then dispenses the item selected by the user.

interesting reading:  BlueEX Introduces Aramex’s Shop & Ship: International Online Shopping Solution In Pakistan

Ahmed Fraz Wavetecs Chief Executive Officer said in order to increase use of electronic money in the country they initiated this step.

interesting reading:  Chipmaker Qualcomm Lobbies U.S. To revoke Restrictions On Huawei 5G For Selling Chips

The electronics major from NED University of Engineering and Technology said that Wavetecs vending machines will provide a platform to tap the unexplored market of digital payments in Pakistan.

Web Team

Web Team

Technology Times Web team handles all matters relevant to website posting and management.

Leave a Reply

Your email address will not be published. Required fields are marked *

Captcha loading...