To tweet this news, copy and paste
http://bit.ly/1Uim2g2 to your Twitter handle
Verifone (NYSE: PAY) and Aava Mobile today announced the first
handheld mobile point of sale (mPOS) solution powered by Intel to
deliver a flexible, long-lasting EMV-ready mPOS solution for
enterprise retailers. The solution is based on Verifone’s device
and operating system (OS)-agnostic mPOS terminal integrated with
Aava Mobile’s rugged handheld tablet PC, which is powered by the
Intel® Atom™ processor.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20150901005321/en/
Verifone and Aava Mobile Partner to Offer
First Intel-Powered, "Pocketable" mPOS Solution (Photo: Business
Wire)
OPENS THE DOOR TO WIDESPREAD MPOS ADOPTION
Widespread mPOS adoption among multi-lane retailers is lagging
due to limited flexibility typically associated with mPOS
technology as well as its inability to seamlessly integrate with
popular enterprise back-end systems. Most mPOS terminals only
support a limited number of operating systems (OS) and tablet and
smartphone form factors, requiring retailers to purchase new
technology whenever they upgrade their mobile devices.
The Verifone e355 mPOS terminal is agnostic to smartphone and
tablet form factors and supports all major OS options, including
Android, iOS and Windows—enabling retailers to make long-term
investments in mPOS, at a much lower cost of ownership.
WINDOWS-BASED, ENTERPRISE-GRADE TABLET POWERED BY
INTEL
Multi-lane retailers have substantially invested in
Windows-based back-end systems to support critical workflows across
their entire enterprise. The Inari5 from Aava Mobile is powered by
the Intel® Atom™ quadcore processor and is the smallest mobile
device that can run Microsoft Windows Embedded 8.1 and Windows
10.
Integrating the Inari5 with Verifone’s technology provides
retailers a flexible, long-lasting mPOS solution that seamlessly
integrates with their legacy back-end systems, enabling them to
connect their sales channels, enhance security and deliver digital
commerce right to the customer—wherever they are standing.
“Verifone’s device and OS-agnostic offering combined with Aava
Mobile’s Intel-powered tablet provides the ultimate in mPOS
flexibility,” said Dennis Mos, general manager of Global Solutions
Management for Verifone. “In addition to accepting EMV, NFC and all
other payment methods, this solution serves as a connected network
endpoint that also enables retailers to delight customers with an
engaging digital commerce experience—anywhere in the store.”
ENHANCES SECURITY & ADDS MORE VALUE TO THE POINT OF
SALE
The Verifone e355 is supported by Verifone’s Secure Commerce
Architecture, which helps retailers better protect cardholder data
by connecting the device directly to the processor host. This
prevents sensitive payment data from becoming exposed to POS
(electronic cash register) malware commonly used by cybercriminals.
It also enables security and PCI software updates to be remotely
uploaded to terminals throughout the retailer’s estate.
Secure Commerce Architecture is also the foundation of
Verifone’s Commerce Enablement offering, which enables retailers to
improve customer loyalty and increase sales with targeted digital
advertising, coupons and product offers delivered to consumers at
the terminal.
“Aava Mobile’s Inari5 tablet provides a level of durability,
memory and processing speed greater than consumer-first mobile
devices,” said Michelle Tinsley, Director of Mobility and Secure
Payment for Intel’s Retail Solutions Division. “As the first
Intel-based mobile handheld payment solution, integrating Aava’s
tablet with Verifone’s remarkably flexible terminal yields a
powerful enterprise-grade solution in terms of payment acceptance,
advanced architecture support, and legacy system compatibility to
enable retailers to get the most out of their mPOS investment.”
This fully-integrated mPOS solution includes the following
components and features:
Aava Mobile Inari5 tablet:
- 4.7” multimedia LCD touchscreen
- Powered by Intel® Atom™ quadcore
processor, 4 GB RAM
- Runs Microsoft Windows 8 and Windows
10, or Android 4.4 and 5.1
- 32, 64 or 128 GB storage, MicroSDXC,
NFC, 802.11n, Intel® Wireless Display (Intel® WiDi), Bluetooth,
GPS/GLONASS; optional LTE
- Drop resistant up to 1 meter;
waterproof and dustproof; IP65 rated
Verifone e355 mPOS payment terminal:
- Supports all device form factors;
Windows, Android and iOS compatible
- Modular design for multiple frame,
stand and cradle configurations
- Accepts all payment types, including
EMV, NFC, contactless, mobile wallet, and magnetic stripe
- EMV and PCI PTS 4.0 approved
- Optional bar code scanner for multiple
use cases
- Wi-Fi, Bluetooth and USB
connectivity
- Supports Verifone architecture
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 for VeriFone Systems, Inc.
This press release includes certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. These statements are based on management's current
expectations or beliefs and on currently available competitive,
financial and economic data and are subject to uncertainty and
changes in circumstances. Actual results may vary materially from
those expressed or implied by the forward-looking statements herein
due to changes in economic, business, competitive, technological
and/or regulatory factors, and other risks and uncertainties
affecting the operation of the business of VeriFone Systems, Inc.,
including many factors beyond our control. These risks and
uncertainties include, but are not limited to, those associated
with: successful development of our Windows-based mPOS solution
with Intel, market acceptance of our product and services
offerings, execution of our strategic plan and business initiatives
and whether the expected benefits of our plan and initiatives are
achieved, short product cycles and rapidly changing technologies,
our ability to maintain competitive leadership position with
respect to our payment solution offerings, our assumptions,
judgments and estimates regarding the impact on our business of the
continued uncertainty in the global economic environment and
financial markets, our ability to successfully integrate acquired
businesses into our business and operations, our ability to protect
against fraud, the status of our relationship with and condition of
third parties such as our contract manufacturers, distributors and
key suppliers upon whom we rely in the conduct of our business, our
dependence on a limited number of customers, the conduct of our
business and operations internationally, our ability to effectively
hedge our exposure to foreign currency exchange rate fluctuations,
and our dependence on a limited number of key employees. For a
further list and description of the risks and uncertainties
affecting the operations of our business, see our filings with the
Securities and Exchange Commission, including our annual report on
Form 10-K and our quarterly reports on Form 10-Q. The
forward-looking statements speak only as of the date such
statements are made. Verifone is under no obligation to, and
expressly disclaims any obligation to, update or alter its
forward-looking statements, whether as a result of new information,
future events, changes in assumptions or otherwise.
About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation.
The company designs and builds the essential technologies that
serve as the foundation for the world's computing devices. As a
leader in corporate responsibility and sustainability, Intel also
manufactures the world's first commercially available
"conflict-free" microprocessors. Additional information about Intel
is available at newsroom.intel.com and blogs.intel.com and about
Intel's conflict-free efforts at conflictfree.intel.com.
About Aava Mobile
Aava Mobile, a leading manufacturer for mobile devices since
2009, offers handheld & tablets for professional markets. Our
product offering includes customer-specific handheld & tablets
as well as Aava roadmap products. We work with our partners and
customers to address the specific needs of vertical markets. We
leverage our smartphone and wireless experience for innovating the
professional handheld & tablet market with sleek, light and
robust designs. Please visit http://www.aavamobile.com for more
information.
About Verifone
Verifone is transforming everyday transactions into
opportunities for connected commerce. We’re connecting more than 27
million payment devices to the cloud—merging the online and
in-store shopping experience and creating the next generation of
digital engagement between merchants and consumers. We are built on
a 30-year history of uncompromised security. Our people are known
as trusted experts that work with our clients and partners, helping
to solve their most complex payments challenges. We have clients
and partners in more than 150 countries, including the world’s
best-known retail brands, financial institutions and payment
providers.
Verifone.com | (NYSE: PAY) | @verifone
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150901005321/en/
VerifoneMedia Relations:Alex Shorter,
+1-770-754-3608Alex.shorter@verifone.com
Paymentus (NYSE:PAY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Paymentus (NYSE:PAY)
Historical Stock Chart
From Apr 2023 to Apr 2024