A future-proof terminal from Verifone?

While an increasing number of retailers are using smartphones and tablets as mobile payment terminals, the payment process can be tricky. Now leading payments provider Verifone has a solution to that problem: PAYware Mobile e355.

Verifone’s new mPOS terminal will support all mobile payment platforms and devices, and will be a valuable option for retailers looking to deploy a mobile POS system without being locked into a single ecosystem.

PAYware Mobile e355 is designed to work with multiple device sizes and form factors, meaning that retailers won’t have to constantly upgrade their hardware when next-generation iPhones or Android-based smartphones are released.

PAYware Mobile e355 will accept all payment types, including EMV, NFC, Apple Pay, and traditional magnetic stripe, and support all major platforms such as iOS, Android and Windows Phone.

The terminal also has Wi-Fi, Bluetooth and USB connectivity and an optional barcode scanner for processing coupons or other uses.

“The prospect of having to purchase new mPOS devices for sales associates when smartphones and tablets are upgraded has been a major inhibitor to mPOS investment among retailers,” said Mark Shockley, senior vice president of Mobile Solutions for Verifone. “Verifone’s single, modular solution will offer the ultimate in mPOS flexibility, allowing it to persist across changes in devices, even if somebody wants to make a complete switch from one OS to another.”

Verifone’s PAYware Mobile e355 will be available for merchants in late summer 2015. As mobile payment platforms such as Apple Pay, Google Wallet and Softcard continue to gain traction, and Chip-and-PIN technologies become mandatory, this new terminal may be a more valuable investment as retailers weigh their mobile POS options.