B4U and the worlds leading ATM manufacturer's have certified the B4U software to download to new and existing ATM's in the marketplace. ATM Owners have the ability to track the disbursement of cash thru the B4U API to the Owners existing systems in real time. The B4U solution requires no change to the ATM hardware. Fees are set by the ATM Owner.
An existing Merchant with a payment terminal that will accept a QR code can simply add the B4U enabling software download. The transaction will go directly to B4U for authorization, clearing and settlement. Funds will be directly deposited to the Merchants nominated bank account or thru the Merchants existing clearing and settlement terminal provider. The terminal provider will have the full visibility in real time to all transactions and the real time reporting facility provided by B4U.
A new Merchant without existing terminal or POS system will download the B4U PAY app onto a smart device. The app allows Merchants to accept a payment and also produces an invoice for the customer. The Merchant can download inventory items and set taxes and tip items for the invoice. The transaction will go directly to B4U for authorization, clearing and settlement. Funds will be directly deposited to the Merchants nominated bank account