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RevoluGROUP (TSXV:REVO) Canada launches RevoluPOS on Apple and Android

Finance
TSXV:REVO
18 January 2021 09:30 (EDT)

RevoluGROUP (REVO) has launched its free RevoluPOS point of sale app for Apple and Android devices.

RevoluPOS is a point-of-sale system linked to RevoluPAY. The fintech company said the app is now available for free on Apple and Android devices, enabling anyone to accept digital payments worldwide.

The company said RevoluPOS was designed to appeal to small businesses in developed nations who wish to expand their payment acceptance.

RevoluGROUP said it has pinpointed a nascent and untapped sector consisting of small to medium-sized enterprises excluded from the current digital payment cycle.

In a press release, the company stated that as the world moves toward a cashless society, “a mechanism to integrate even the most impoverished into the digital world is now imperative.”

According to the Canadian company, RevoluPOS when utilized with the RevoluEX cryptocurrency platform, creates a transactional hub for all cryptocurrency payments.

The company said it expects to roll out white-label branded versions of RevoluPOS to larger merchants.

RevoluGROUP is up 1.52 per cent to C$0.34 per share.

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