Horepay is a closed-loop payment system product. This system is designed to facilitate and accelerate payment transactions for businesses in the industry. Horepay offers users different payment methods such as smart cards, NFC bracelets, and digital cards (QR), making customers' payment processes more secure and efficient.
Closed Loop Payment System is a system that serves a specific group of members, usually allowing payment through a card or other payment method.
Provides fast and reliable payment among members.
Usually used by organizations that typically have a specific membership group such as large corporations, private clubs, campuses, or private communities.
Members sign up for the system with a pre-defined account or card.
User information and payment transactions are generally protected with industry standard security protocols.
Security measures such as encryption and user authentication are applied.
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