Dapit’s proprietary MPoC compliant cloud-based payment terminal can quickly and securely tokenize a customer’s sensitive financial information and process transactions at the cloud level. This allows merchants to forgo the expense of reinvesting in costly hardware and avoid obtaining PCI certifications for each physical terminal annually.

This also opens a new market for merchants, restaurants, gas stations, etc., to allow customers to pay for goods and services using their own phones or OTS(off-the-shelf) devices.