On Friday Trilo powered their first POS/in-person payment with Open Banking. Until then customers could only pay in shops via card or cash, now this has changed.
Trilo gives merchants and customers the ability to make and receive payments with no hardware or software required. Merchants can use their tablet or phone to create a payment.
The customer then scans the QR code. Customers will also receive a reward in the form of the Boost whenever they pay. Giving them a clear reason to switch from card every time they shop.
Trilo has also removed transaction fees entirely for merchants, enabling them to unlock vast swathes of revenue that are currently tied up in transaction fees.