GustPay, the Stellenbosch basedÂ mobile payments startup has introduced a new iPad based point of saleÂ (POS) solution for restaurants and coffee shops.
Gust PayPoint, currently only available in Stellenbosch, is anÂ iOS app which turns an iPad into a touch screen POS system and acceptsÂ smartphone payments.
Gust offers merchants a web based product management system toÂ configure stock items. Merchants have the option to create dailyÂ specials and these specials are pushed to their customer’s smartphonesÂ using a location aware app called Gust Finder.
“Our goal is to help merchants attract more recurring customers and build smarter customer relationships. With Gust, customers pay with a tap and a swipe on their phone. Merchants get to greet regulars by name and skip the hassle of cash,” says Joe Botha, one of the GustPay founders.
Gust PayPoint is less expensive than traditional POS systems and isÂ part of an international trend towards using tablets to improve theÂ in-shop payment experience. Recent mobile payment innovations are alsoÂ making in-shop payments mobile, paperless and cashless.
“The future of commerce is completely mobile and connects the merchantÂ and customer in new ways. Gust is designed for a complete purchasingÂ cycle: our PayPoint Dashboard lets a merchant configure a special,Â customers find the special with Gust Finder which helps them navigateÂ to a shop, Gust Pay offers a quick payment experience and gives theÂ customer access to free in-shop WiFi, while Gust PayPoint processesÂ the payment and offers detailed analytics,” explains Botha.
Industry analysts believe that 2013 will be the year in which moreÂ than 50% of new mobile phone sales in South Africa will be smartphoneÂ sales. Smartphones are now available from as little as $50 and thisÂ week sees the introduction of the least expensive iPad yet in SouthÂ Africa.
These trends point towards exciting and disruptive times,Â changing the way we discover products and pay for them.
Gust Finder and Gust Pay are both available for Android and iOS.
To read more about GustPay’s latest payment solutions, click here. Â