Ingenico Group, a player in seamless payments, announced Monday (Oct. 24) that Ingenico Mobile Solutions, its mobile point-of-sale (mPOS) division, has launched the Moby/3000, a Bluetooth-enabled mPOS card reader equipped to accept both EMV chip-and-signature and magstripe transactions.
While many mobile card readers still rely on audio jack connectivity, the Moby/3000 wirelessly pairs with Android and iOS smartphones and tablets using Bluetooth 4.0, offering future-proofed connectivity to all of the latest mobile devices, including those without audio jacks, such as Apple’s new iPhone 7.
The Moby/3000 is available at a similar price point to magstripe-only card readers, enabling merchant service providers (MSPs), independent sales organizations (ISOs) and independent software vendors (ISVs) to maintain their current business models, rather than having to charge merchants a higher price for an EMV-enabled device. The low-cost Bluetooth card reader offers payment solution providers the ability to ease the financial burden of EMV migration for their small business customers, while also helping to protect them against chargebacks.
“Migrating to EMV can be daunting to small merchants, as the switch can be costly or require a significant overhaul in their point-of-sale solution,” said David Szczepanski, chief operating officer at Ingenico Mobile Solutions, in a press release. “The Moby/3000 makes it possible for all merchants to cost-effectively upgrade their mPOS payment solutions to accept chip cards and reduce their risk and liability for fraudulent transactions. With its consumer-friendly design, Bluetooth connectivity and simplicity, MOBY/3000 is built for wide adoption among small merchants.”
The Moby/3000 mPOS card readers will begin shipping in Nov. 2016 and are available for order now.