KUALA LUMPUR -- With cashless payments spreading across Asia, some retailers are now using an even simpler system that allows them to use just a smartphone to process transactions, doing away with dedicated point-of-sale terminals.
Company's technology transforms smartphones into POS terminals

Soft Space's technology transforms merchants' smartphones into payment terminals. (Soft Space)
KUALA LUMPUR -- With cashless payments spreading across Asia, some retailers are now using an even simpler system that allows them to use just a smartphone to process transactions, doing away with dedicated point-of-sale terminals.