⚡️ Hi team, we're thrilled to announce Paystack Virtual Terminal — accept blazing fast in-person payments at scale, and with ZERO hardware costs. Thread 🧵

🏦 At Paystack, we've seen bank transfers become an increasingly popular payment channel in Nigeria, growing from ~12% of collections in 2021 to ~34% today. We've invested heavily in product updates to provide better tools for bank transfer payments.

Many Nigerians know this dance: you pay via bank transfer, then wait for the sales agent to call a manager to confirm the payment 😭 It’s frustrating for you, inconvenient for the frontline staff & distracting for the manager 👉🏾 Enter Virtual Terminal 👈🏾

🔔 With Virtual Terminal, you can assign unique bank accounts to each sales agent. When a customer pays via bank transfer or other channels, your agent gets an instant WhatsApp confirmation, and the customer can be on their way. Learn more 👉🏾

⚡️ Virtual Terminal is built on top of Paystack-Titan — our proprietary bank transfer channel — which means that bank transfer payments on Virtual Terminal are FAST. REALLY fast.

🧘🏾‍♂️ Zero hardware costs, zero hassles: Virtual Terminal requires ZERO physical POS hardware. Eliminate the operational burden of managing multiple POS devices.

⏲️ Deploy your POS solution in seconds: Simply create as many virtual bank account numbers as you need and assign them to your sales agents in seconds, all from your Paystack Dashboard.

🌎 Beyond bank transfers, customers can scan a QR code and access multiple payment channels, including Cards (Amex, Visa, Mastercard, Verve), USSD, and Apple Pay, which is popular with international customers.

Join our Live Q&A session to learn how different kinds of businesses use Virtual Terminal, learn how to set up Virtual Terminal for your business, and get your questions answered in real time. 📅 Wednesday, Oct. 18 ⏰ 3 PM (WAT) Register for free 👇🏾

⚡️99% of bank transfers on Virtual Terminal are confirmed in 8 seconds or less. There’s fast, and then there’s Paystack fast! Think you can keep up? Play Terminal Dash and share your score with #TerminalDash! (Best played on your phone!)

🔥 With Virtual Terminal, we’re excited to provide yet another way that helps businesses with a field sales business model boost sales, WITHOUT the operational headache of physical POS devices. 👉🏾