Thyngs, a UK-based mobile technology platform, announced on Friday it has launched its touch-free technology solution to help make integration and transaction experiences safer for retail and hospitality customers. This technology was created during the COVID-19 pandemic and lockdowns.
“The latest iteration of the Thyngs tap-and-go technology has been designed to give mid-tier retailers, shopping centres and hospitality businesses a cost effective, easy and safe way of offering completely touch-free transactions, along with expanding the possibilities for socially distanced interactions with customers.”
Thyngs further reported that its technology turns any physical branded object into a point of sale using smart ‘tap and go’ technology such as QR codes, Near Field Communication (NFC), and Apple Pay.
As previously reported, Thyngs is on a mission to transform physical objects and locations into smart, connected, experiences that are engaging, rewarding, and memorable by building a secure and affordable for businesses to take advantage of the growth of the mobile payment and create a sustainable business model in the UK fundraising sector. Thyngs’ self-service platform is reportedly being used by charities, retailers, publishers and re-seller partners to create new services in minutes.
“Thyngs has been working with PWC as part of their Raise programme and is actively engaging with a number of Series A VC funds with an aim to raise £3-4 million in early 2020 to significantly scale the business.”