MICROS, payleven Partner For Chip & PIN-Supported POS System

Hospitality and retail tech provider MICROS announced that, together with mobile card payment processor payleven, the companies will offer what they call “the world’s first cloud-based point-of-sale solution with integrated mobile chip & PIN card payment technology.”

MICROS and payleven say that this new product will enable merchants to register online without paperwork, avoid long-term contracts with rolling subscriptions and experience a seamless transaction flow.

“Today marks another important step on that journey partnering with MICROS, a proven leader in Point-of-Sale technology,” Alston Zecha, payleven’s COO and founder, said in the release. “We are continuing to help growing businesses expand, by designing a system that can scale to offer increasingly sophisticated functionality as required.”

The service was made available to U.K. customers yesterday and is expected to roll out across Europe shortly.

Read the full press release here.