Access Bank has announced its readiness to roll out the fifth version of the PayWithCapture app. According to the bank, the latest version makes the app easier for users. for easier usage. 5.0, the upgraded version, allows for faster and secured way to make payments online and offline via secured SMS and USSD channels, among others benefits.
PWC is a mobile payment app that enables individuals to make payment for goods and services by scanning a pre-generated QR-Code.
With PayWithCapture, users can scan a QR code via phone camera at a merchant’s point of sale in place of paying via cards on POS terminals.
The latest version of the app is expected to be officially launched tomorrow (Tuesday). PayWithCapture is similar to PayAttitude launched by Unified Payments which is a shared payments infrastructure for Nigerian commercial banks. It service allows for multiple payment channel linkage for the typical multi-banked Nigerian. A user can register more than one card/account on the app and can navigate the payment as desired by selecting a single card/account to pay with, or spread a payment across multiple cards and also sports an offline capability via encrypted background USSD and SMS that can obviate transaction breakdown due to network downtime.
According to the bank, the application also works with the beacon technology and NFC that prompts a user to pay without contact once the user is in merchant’s location that supports PayWithCapture.
“This is a massive step forward in ambient context identification, as beacons allow for background positioning and detection,” the company says.
The company is touting a streamlined marketing drive that can leverage the PayWithCapture beacon and NFC technology such as personalized content and advertising.
Different payment instruments can be linked to the app such as any bank’s card (Master, Visa or Verve), Access Bank account and user’s mobile wallets. PayWithCapture works offline which means it can still be used for payment – even without internet connection.
