Mobile Commerce

Another EMV/Chip-And-PIN mPOS Joins The Market

The EMV and chip-and-PIN space just got a little more crowded in the United States.

Infinite Peripherals, which makes mobile payments hardware, said it has introduced the Infinea mPOS and Infinea mPOS Flat, which the company is billing as all-in-one solutions for the iPhone 5 and iPod touch.

[bctt tweet=”Infinite Peripherals says it has all-in-one solutions for the iPhone 5 and iPod touch.”]

The new mPOS systems allow for retailers to take and process transactions across the store, which boost conversion rates. In addition, merchants can check inventory and make more efficient use of floor space.

Both systems, according to the release, house magnetic stripe readers, PIN pads and sport NFC capabilities. Infinite Peripherals said that the transactions able to be processed range across magnetic card, chip card and contactless transactions.

That means that each of the mPOS systems just debuted can be used across Tap-and-Go and both the Apple Pay and Android Pay systems and are EMV-compliant.

In a statement accompanying the product release on Tuesday (Dec. 15), Andrey Tikhonov, senior director of payment technology at the company, said: “With the ongoing transition to EMV in the U.S., the growth of contactless payments and pervasive security concerns, we are thrilled to be among the first to offer this versatile iOS-compatible device that equips merchants to meet all payment needs with one compact system.”

The systems connect through Bluetooth across Android, iOS and Windows mobile devices. Data can be stored locally, said the company, or can be transmitted through Wi-Fi or other transmission networks. In addition, the company noted that Bluetooth enables the mPOS systems to be synced with mobile printers, with the ability to print a variety of different-sized receipts. The company also offers custom cases to sport individual brands of certain retailers.

——————————–

Latest Insights:

Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. The September 2019 AML/KYC Tracker Report provides an in-depth examination of current efforts to stop money laundering, fight fraud and improve customer identity authentication in the financial services space.

TRENDING RIGHT NOW

To Top