IZettle has launched a chip and PIN version of its dongle for turning mobile phones into card payment terminals and inked a partnership deal with Spain's Banco Santander.
So is this a mini merchant terminal with full emv and pci certification and is bluetooth a secure communication protocol to transfer data from the pin pad to the mobile phone and then onwards to the payment network? In that case one can see that the mobile
phone is more or less an expensive modem for a small merchant terminal. It will be interesting to see if these devices would be better than custom built small size portable terminals with mobile communication.
I haven't seen ANY PCI or EMVCo certs... What about MC TQM or UK Common Criteria???
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