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Technology

  • Contactless NFC card payments are readily available in most of Europe and are arguably the most convenient way to pay today. Unfortunately the POS infrastructure replacement cost is a major road block for contactless payments to become a global standard. Jiffee is an attractive alternative. For fraction of the cost, thanks to our patent pending Bluetooth Adapter, a merchant can convert existing POS terminal into fully capable contactless mobile payment solution.
  • In 2018 EU Payment System Directive 2 will enable merchants to charge a consumer’s bank account via open APIs. Combined with Jiffee technology it will allow retailers to build closed loop payment systems for a fraction of the cost of the traditional private label card approach.
  • Mobile payments are popular in developing countries but existing schemes are not suitable for retail applications. A convenient mobile to mobile payment system is desperately needed – the recent India cash crisis is a staggering example.
  • NFC cards are based on 30 year old legacy technology. We can offer a much better user experience with 21st century technologies.
  • Jiffee uses Bluetooth Smart instead of NFC. Our breakthrough patent pending technology limits Jiffee operating range to 5-10 cm or (2-4 inches) – close enough for unambiguous communication, far enough to be convenient. Two or more Jiffee accepting devices may be close to one another without any interference.
  • Any Bluetooth 4.0+ enabled device can be used to pay or accept payments. The Jiffee mPOS application is one example.
  • Jiffee can be used in existing POS terminals and electronic cash registers through our patent pending USB Jiffee Bluetooth Adapter.
  • IoT and Smart Cities are getting traction. Jiffee is an existing technology enabling convenient payments in a variety of connected devices. Any device with Bluetooth Smart and Internet connection can accept Jiffee payments.
  • Bluetooth payments, provided that you solved some important technical problems (which we did), offer vast number of use cases varying from traditional retail, self services machines, IoT appliances and mobile-to-mobile payments.
  • Because installed base of POS terminals and existing electronic cash registers is not the Bluetooth Smart enabled, we have developed a patent pending plug-and-play Jiffee Bluetooth Adapter.
  • The Bluetooth Adapter enables existing infrastructure to accept Jiffee payments, offering a better-than-card user experience for a fraction of the cost.
  • The Bluetooth Adapter is connected to POS terminals or electronic cash registers via regular or micro USB port.
  • Current version is optimized for stationary terminals and ECRs but the technology can be shrunk to fit handheld POS terminals.
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