Verifone Offers Merchants a Single mPOS Payment Terminal to Support All Major Smart Device Options

Verifone  announced a new device and operating system (OS)- independent mobile point of sale (mPOS) payment terminal that gives larger retailers more flexibility and choice in how they deploy mobile throughout their stores.

ULTIMATE mPOS FLEXIBILITY

Deploying smartphones and tablets as mobile points of sale often requires integration with a mobile payment terminal in order to add the security, durability and functionality that merchants need. However, as new generations of smart devices are released, the form factors and other aspects of the devices frequently change. This often requires merchants to upgrade both their consumer technology and mPOS terminal.

Additionally, the market for integrated mPOS terminals has generally focused on a single OS, limiting options for merchants who want more flexibility and better integration into their back end systems.

The PAYware Mobile e355, the newest mPOS terminal in the Verifone Mobile suite of products, frees merchants from consumer technology upgrade cycles and adapts to multiple OS options. It is a flexible, long-lasting device that can accommodate different form factors and outlive smartphone and tablet models. This enables merchants to make long-term investments in mPOS, at a much lower cost of ownership. Furthermore, it supports all of the major OS options, including Android, iOS and Windows.

“The prospect of having to purchase new mPOS devices for sales associates when smartphones and tablets are upgraded has been a major inhibitor to mPOS investment among retailers,” said Mark Shockley, senior vice president of Mobile Solutions for Verifone. “Verifone’s single, modular solution will offer the ultimate in mPOS flexibility, allowing it to persist across changes in devices, even if somebody wants to make a complete switch from one OS to another.”

ALL OF THE FUNCTIONALITY NEEDED FOR UNTETHERED COMMERCE

This new Verifone mPOS terminal helps retailers meet the rapidly evolving needs of an increasingly mobile retail environment, and includes all of the functionality needed to enable commerce from anywhere inside or outside the store. Verifone’s mobile solution:

  • Accepts all payment types, including EMV, NFC, Apple Pay, and traditional magnetic stripe
  • Features an optional bar code scanner, making it ideal for multiple use cases
  • Supports Wi-Fi, Bluetooth and USB connectivity

The PAYware Mobile e355 will be available in late summer 2015.

SUPPORT FOR VERIFONE’S SECURE COMMERCE ARCHITECTURE

This new mPOS terminal will also support Verifone’s Secure Commerce Architecture (SCA) solution, which eliminates the flow of consumer payment data into the merchant’s integrated point of sale (IPOS) system, and enables encrypted delivery of this data from the POS terminal directly to the merchant’s processor. SCA removes the IPOS from the scope of EMV certification, greatly reducing the burden for clients; and eliminates the potential for this data to be stolen at scale.