Ingenico Group has introduced its Moby/5500 series of mobile card readers for merchants and independent software vendors (ISVs) to enable pin-on-mobile checkout for shoppers, according to a new press release.
PIN on mobile – „Merchants benefit from a compact, lightweight device that enables PIN entry on their smartphone or tablet. Cardholders insert their card in SCRP and enter their PIN on the merchant’s mobile device in a fully secure payment environment.”, the company said.
The new series of card readers support different electronic payments such as EMV, magstripe and NFC/contactless, including Apple Pay and Google Pay.
Ingenico added that the device are compatible with a variety of smartphones and tablet devices, allowing use in multiple settings – at the counter and in the aisle, among others.
The enterprise-grade device is said to be suitable for a local diner, enterprise retailer, global field services business or a regional fast food chain.
Ingenico North America head of solutions development and deployment Irfan Nasir said: “Our retail customers know that ecommerce growth in the US has driven an evolution in consumer preferences for similar frictionless experiences in-store.
“This can mean paying with any of a variety of methods or expecting any sales personnel on the floor to be both a knowledgeable staffer and a mobile point of checkout themselves.
“Retailers need versatile and future-proof payment options to enable these interactions, which is why we designed the Moby/5500 series to handle any transaction type they would need.”
Key features of the Moby/5500 Series readers include:
Versatility – Accepts NFC/contactless, EMV chip-and-sign or chip-and-PIN, and magstripe
Mobility – PIN on Mobile-ready with the Moby/5500PM module version
Security – PCI-PTS 5.x certified to meet the latest security standards
Scalability – Through Bluetooth, Apple MFi compatibility, support for multiple PADs, and more for seamless integration with peripherals, tablets, and accessories
Connectivity – Compatible with more than 300 iOS and Android devices for tablet or smartphone integration
White-label options for custom branding.
Last year, the company partnered with MYPINPAD and Nexi in March and June, respectively, to trial a new PIN-on-Mobile solution for card payments via mobile devices.
„Though Libra has met with fierce resistance from central banks and supervisory authorities and might never see the light of day, in many other cases tech firms (both start-ups and established big players) have successfully captured bits and pieces of universal banks’ traditional value chain. This trend may only intensify in the coming years. In this environment, European banks remain squeezed.”