text: Surfboard Payments launches Surfpay to turn smartphones into payment terminals
  Swedish fintech Surfboard Payments has launched a venture enabling businesses to use smartphones as point-of-sale terminals.
  Surfboard says the new venture, dubbed “Surfpay”, allows full PCI and EMV-certified transactions through an Android device.
  The firm worked with TietoEVRY, MyPinPad, and Mastercard to develop the new solution.
  Merchants download the app, proceed through an onboarding process, and can then accept payments on their mobile.
  A customer at that business can then tap their phone or card on the Android device using Surfpay to make a payment. The app also allows PIN entry for verification.
  Following a transaction, the end customer receives a QR code receipt with the details of their purchase.
  Surfpay will accept payments made via Google Pay, Apple Pay, Samsung Pay, and contactless Visa and Mastercard.
  The payments app is currently in the waiting list stage, with a full rollout expected before the end of 2021.
  An iOS-compatible version of the app is also in development.
  “Many small business owners have been disadvantaged by today’s payment solutions,” says Christopher Lindfelt, CEO and founder of Surfboard Payments.
  “We started Surfboard Payments because we think it’s time for a paradigm shift in how stores and businesses charge.”