Sensitive data is captured and encrypted using a Bluetooth connected PIN pad
Elavon, a payment solution provider wholly owned by US Bancorp, is rolling out MobileMerchant, a new mobile POS solution that supports chip and pin as well as magnetic stripe cards and card-not-present transactions (view press release). The launch follows a successful pilot stage which began in January of this year.
The solution enables mobile merchants to take card payments on the go by downloading an app and inserting a plugin chip and pin reader into their smartphone. All sensitive data is captured and encrypted using a Bluetooth connected PIN pad so no data is ever stored on the device. Following the transaction a receipt is sent to the customer by email or text message. Debit and credit card transaction data can be accessed and analysed via an online data management system through which merchants can also run transactions using a secure Virtual Terminal application contained on the portal. The solution is currently available for devices running on Blackberry and Android.
Elavon is launching the product in partnership with specialist payment gateway and EMV chip technology provider, CreditCall. MobileMerchant is supported by CreditCall’s CardEase Mobile technology.
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