Social Distancing and Stay-At-Home Order Soar E-payment Development

As COVID-19 virus inevitable outbreak and confirmed cases in a rapid escalation around the world, many countries have imposed stay-at-home order and social distancing order. People are allowed to leave their homes only for essential reasons, such as purchase food and medicine material or going to work if the job is considered significant and essential.  

In addition, the World Health Organization (WHO) is encouraging countries to take advantage of e-payment system as an alternative to replace cash-based transaction. This is to limit the use of cash transaction as it might be a potential spread route of COVID-19 virus.

According to McKinsey & Co estimate, e-payment transactions have soared 81% at some countries since stay at home order issued. The e-payment system appears to be a crucial element in combating COVID-19 virus as it can especially facilitate people daily life when they abide by social distancing and staying at home order these days. It is able to virtually achieve contactless door-to-door delivery of groceries, medicines and cut down cash transaction and potential bacterial transfer.

When consumers tend to adopt e-payment method, it is necessary for merchant to install device that are available to accept the online order and digital transaction. In fact, a POS device with multi-payment methods and receipt print function can satisfy that requirement.  

There is no doubt that Telpo smart POS device TPS320 should be recommended. It integrates order, reservation, payment and management together, helping merchant to realize online ordering, e-payment receive and takeout delivery service. Once customers order online and pay it successfully, Telpo smart POS device will receive the order synchronously, confirming it and print the receipt, and then inform the corresponding staff to prepare commodity and delivery to consumer’s home.

Under the epidemic influence, e-payment not only provides convenience for people's daily life, but also becomes a source of material acquisition and keeps social stability in many areas.

Tag: COVID-19 virus, stay-at-home order, social distancing, e-payment, POS device

Company Introduction

Telpo is solidly located in the smart terminal industry forefront as it sticks to technology-driven and market demand-oriented. With keen market insight, Telpo has developed smart payment, smart community, smart retail, smart restaurant, face recognition temperature measurement, government election, and other scene applications to build a "cloud + terminal" brand and complete solution.

Related Products:  TPS320