Hankook NFC’s Phone2Phone pay, a payment service for Samsung Pay, is a quick and simple payment app for “unbanked payees” who have low or no credit scores to qualify for merchant accounts or small/individual merchants who want to be able to accept credit card payment anytime anywhere.
Examples include entrepreneurs with no credit, delivery vendors, repair people, street vendors and door-to-door salespeople.
By using Hankook NFC’s Phone 2 Phone(P2P) Pay, these small and individual merchants and sellers can now accept credit card payments using Samsung Pay or EMV Contactless card without the traditional POS system or credit card terminals.