Postbank and Vivacom with a Special Partnership Regarding the “Smart POS by Postbank” Service

Vivacom and Postbank are joining forces in a special partnership aimed at introducing and promoting Postbank’s mobile application “Smart POS by Postbank”, designed to facilitate digital payments for small businesses in Bulgaria.

This partnership aims to enable small and medium-sized businesses operating in the commercial sector and accepting payments to transition to contactless payments.

The “Smart POS by Postbank” service is a mobile application that turns a mobile phone into a POS terminal. The software allows for easy and convenient acceptance of payments with Mastercard and Visa cards, including digital cards, directly on a mobile smartphone, thus eliminating the need to purchase, install, and maintain additional POS devices. Smart POS offers a user-friendly interface and features that make digital payments accessible to everyone. To ensure a high level of security and speed, each transaction utilizes the technology used in EMV chip cards. This allows customers to manage their business easily, conveniently, and reliably anywhere and at any time.

The current campaign for “Smart POS by Postbank” is being implemented with the support of card organizations, thanks to the international experience of Mastercard, a leader in card payment technology solutions, and its support for digitization and competitiveness of small businesses in Bulgaria, which is part of the company’s strategy to include 50 million small and medium-sized enterprises worldwide in the digital economy by 2025.

“Smart POS by Postbank” works with all smartphones that have built-in NFC technology and the Android operating system and are part of Vivacom’s portfolio. In 2023, the telecom introduced the first affordable Vivacom 5G smartphone, which provides users with all the services they need for a great 5G experience, including NFC functionality for digital payments, at an attractive price. All Vivacom business customers can contact their sales representative for more information.

“At Vivacom, we believe that Postbank’s mobile application ‘Smart POS by Postbank’ will empower local entrepreneurs to be more efficient by providing them with the tools they need to easily and quickly accept digital payments. Vivacom is dedicated to the development and support of small and medium-sized businesses. For the fourth time within 2 years, we are conducting the ‘Business Giants’ campaign in which we develop comprehensive telecom offers and solutions designed for this segment of customers,” said Martina Krusteva, Senior Manager of Products and Services at Vivacom.

“We were the first bank in Bulgaria to offer an easy and convenient solution for contactless payments to every merchant through ‘Smart POS by Postbank.’ This innovative service contributes to the efficient development of both micro and small traders and large companies managing their business ‘on the go.’ With ‘Smart POS by Postbank,’ costs for installing and maintaining POS terminals are saved, and risks of device damage and associated temporary inability to make contactless payments are avoided. As a leader in our sector, we believe that our collaboration with a leading brand like Vivacom is a logical step towards a successful partnership,” said Postbank.

The partnership between Vivacom and Postbank will bring convenience and efficiency to small businesses by popularizing and making digital payments even more accessible and user-friendly. By using the mobile application “Smart POS by Postbank,” merchants can become more competitive in an increasingly digital world.

For more information about “Smart POS by Postbank” and how it can benefit your small business, please visit the website.