Coronavirus has inspired a revolutionary new technology to keep people safe when they are shopping for goods and services across San Francisco. iWallet is a touchless payment platform that was created with one thing in mind, helping businesses and customers eliminate sources of potential germs by implementing QR codes.
iWallet is a contactless scan and pay system where customers scan a QR code to pay for the goods or services they are buying. All they have to do is touch their phone.
A spokesman for iWallet said: “The great thing about this technology for business owners is there are no contracts to sign, no monthly service fees and no equipment to purchase. COVID has taken its toll on businesses and this is designed to help them get back on track.”
“By using ACH bank transfers, it means that transactions are free for business owners and for customers. But if customers choose to use their credit card for the transaction then there is a 4% transaction fee.
“The other great feature about this type of payment technology is that it helps us to detect fraudulent activity. We use Al ML Technology to power the system and by using a QR code as a customer’s signature, it is a much safer way to confirm someone’s identity.
“Business has been hit hard by COVID-19 and people are more and more aware of health and hygiene measures. By using a contactless payment system, it will allow businesses to get back up and running without having unnecessary costs to help them reopen. And it encourages customers to shop with particular businesses as they feel safe from a health perspective and secure in using a bank secure system.”
“It is a wonderful way for businesses to move forward and start making money again. There are no processing fees, no equipment to purchase, there are no paper receipts, and no chargeback fees.”
“The app is extremely safe as there are special authentication processes; that mean cyber thieves can’t access personal data. It is bank level security. It is a win, win situation for both businessesand customers trying to protect themselves and those around them from the spread of COVID-19. All you do is touch your phone and the transaction is done,” he added.
All merchants and customers need to do is to go to iWallet.com and they can sign up. There is also a map showing which merchants are currently using the iWallet system across the city.
The system can be used on iPhone or android phones. iWallet have called any merchants or customers using the app to go BBB to rate the iWallet Pay service and give an iWallet review to help spread the word for this life-changing service.
iWallet is a COVID safe and free contactless payment technology that allows businesses to take payment for items without the customer having to touch anything but their own phones. The new system has launched in San Francisco and has been taken up by hundreds of businesses.