Mexican digital commerce platform Clip can convert Android mobile phones into contactless PoS terminals using NFC technology and an app.

The Tap to Pay technology allows businesses to accept contactless payments with their mobile phones with a single tap, without the need to invest in a physical terminal to start transacting.

To help micro, small and medium enterprises close the digital gap, Clip provides an immediate, secure, and simple way to accept digital payments directly on a mobile phone. This is achieved through a simple tap with contactless cards or digital wallets.

“This is the answer to the needs of millions of small merchants looking for an easy and fast way to join the digital economy,” said Fernando Gómez Rayón from Clip. “Our goal is to position this tool as the ideal ally for all businesses, offering trust and security in every transaction for both merchants and customers.”

The service complies with the industry security standards; card data are never stored on the phones. Digital receipts can be sent via SMS or email.

“With this release, we’re reinforcing our commitment to making digital payments more accessible and promoting financial inclusion,” said Adolfo Babatz, CEO of Clip. “By making tech available to businesses of all sizes, industries and regions across the country, we’re meeting their specific needs and making a big difference to Mexico’s economic development, in line with our mission to make ideas happen.”

The technology will be available this month for all businesses using Clip. For more information visit www.payclip.com or www.clip.mx.