• Verifone Announces Future-Proof Mobile Point of Sale Terminal with Apple Pay Support

    As several retailers are looking to adopt smartphones and tablets as mobile payment terminals, the deployment process can end up being expensive and time-consuming. Issues such as sizes and form factors of devices continuing to change make the deployment process as a whole, very tedious. Verifone, which is the leading NFC terminal maker, is looking to solve this issue with its new mPOS terminal which supports all mobile payment platforms and devices.

    The company’s PAYware Mobile e355 will soon be an option for retailers looking to deploy a mobile POS system without being locked into a single ecosystem. Furthermore, the PAYware Mobile e355 system is designed to work with devices of any size and form factor which helps prevent the need to have to constantly upgrade hardware to support next-gen iPhones and Android devices. It even accepts payment types from any source including Apple Pay, EMV, NFC and the traditional magnetic stripe. The terminal seemingly supports Wi-Fi, BlueTooth, USB connectivity and even an optional barcode scanner that may come in handy when it comes to processing coupons.

    The senior vice president of Mobile Solutions for Verifone, Mark Shockley, had the following to say regarding the matter:

    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. 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.
    The payment system is set to be made available for merchants starting in late summer 2015 though no specific pricing or availability information was provided. Given the trend of mobile payment platforms gaining traction coupled with the mandatory Chip-and-PIN technology requirements, Verifone’s PAYware Mobile e355 may become a more valuable investment for merchants of various sizes.

    Source: BusinessWire (Press Release) via 9to5Mac
    This article was originally published in forum thread: Verifone Announces Future-Proof Mobile Point of Sale Terminal with Apple Pay Support started by Akshay Masand View original post
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