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Product: PayPilot
Company: Accelitec

If you think that implementing a contactless payment system at a merchant location is not yet feasible because it might be too cost prohibitive, take too much time, and you wouldn't be able to convince merchants to change their existing POS system, think again.

Accelitec, a company specializing in turnkey payment solutions, announces PayPilot, a multifunction/multimerchant, contactless payment system. The PayPilot system is designed to work with a merchant's existing infrastructure. It takes only a few hours to add it on.

With PayPilot, merchants can offer customers a wide variety of payment options, all connected to the same card. This allows for less expensive fees at the POS. Merchants can also have the system designed with their own brand.

Consumers choose to use the system with credit and debit cards, checking accounts processed over the automated clearing house (ACH) network, prepaid cards as well as any loyalty and coupon programs offered by merchants. For customers of stores using the PayPilot program, signing up takes only a matter of minutes. First, customers choose which forms of payment to put on the card. For example, they can bring a check and their debit card to a kiosk inside the store.

After entering their information, a card or fob is dispensed with a contactless radio frequency identification (RFID) chip inside. The final step is making the purchase. Accelitec is currently offering the PayPilot program directly to large retail chains around the country. However, after this first stage of the product rollout is well underway, the company plans to partner with resellers to bring the solution to small and medium-sized merchants.

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