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.
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.
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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.
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.
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