South Africa's Absa has launched Payment Pebble, a headphone-jacked mobile point of sale device for small traders, as it refines its operating model to become a fully digital bank.
Pebble requires a smartphone. There are standalone mPOS solutions that cost far less.
Moreover, the latest EMV tokenization specs (that allow the use of, inter alia, QR and BLE) make all mPOS redundant... Not overnight, of course, but you get the picture...
© Finextra Research 2014