Ingenico Group, the global leader in seamless payment, has announced the launch of the Move/2500 B, a portable terminal combining the convenience of fingerprint authentication with the security of the latest PCI standards.
The Move/2500 B addresses traditional financial inclusion needs to reach the unbanked population as well as local governmental schemes. In India, for instance, all POS will soon have to provide fingerprint authentication. In Mexico, where banks have the obligation to verify the identity of all loan applicants, the Move/2500 B could serve as a means of authentication. The recent certification of fingerprint authentication by EMVco as a Customer Verification Method could bring about new global schemes, making the Move/2500 B also relevant in mature markets and a strong differentiator for banks with a customer acquisition strategy.
Ingenico Group has built on its proven track record in designing biometric solutions to launch a particularly optimized terminal, matching prints in a split second. PCI-v5 and STQC compliant, the Move/2500 B is a highly secure and cost efficient portable POS, which supports all payment methods and schemes relying on national ID programmes. It features the market leading fingerprint sensor, which fulfils FBI standards.
The Move/2500 B will first be rolled out in India in June and subsequently in the Middle East.
“We are pleased to introduce the Move/2500 B, our third generation biometric POS, designed to support financial inclusion scenarios as well as innovative payment schemes in mature markets.’ said Frédéric Lepeintre, VP Marketing of the Banks and Acquires BU at Ingenico Group. ‘The launch of the Move/2500 B illustrates Ingenico Group’s commitment towards reaching the two billion people excluded from financial services. It also demonstrates our ability to adapt to new regulatory frameworks and consumer demand for fingerprint authentication.’