18 April 2015

Apple stores get new mPOS tech for chip and PIN move

12 May 2014  |  7735 views  |  0 Apple iPhone

Apple is revamping its in-store mPOS system with a new iPhone and VeriFone-made shell combination that can accept chip and PIN card payments.

Apple introduced its EasyPay mPOS technology in stores in 2009. It consists of an iPod Touch and a shell made by Infinite Peripherals that includes a card swiper and a barcode scanner.

As first reported by 9to5mac, the iPod is now being replaced by an iPhone while VeriFone is being brought in to provide a new shell which will cater for chip and PIN payments as the US finally gets ready for the switch to EMV.

According to Forbes, the shell also has a spot above the PIN pad that opens the way for NFC contactless payments. Apple has long been expected to equip the iPhone with NFC but has so far ignored the technology.

Separately, mPOS giant Square has ditched its Wallet app, pulling it from the Google and Apple stores. The app has failed to take off since its launch in 2011, despite the support of Starbucks.

It has been replaced by Square Orders, which lets users order and pay ahead at participating merchants and then pick up their goods when they are ready.

KeywordsEFTPOS

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

29 April, 2014
11 April, 2014
28 February, 2014
25 February, 2014
27 January, 2014
14 December, 2012
17 January, 2012

Related company news

 

Top topics

Most viewed Most shared
UK banks covering up cybercrime losses - C...
6589 views 13 comments | 26 tweets | 13 linkedin
BBVA buys UX firm Spring Studio
6202 views comments | 32 tweets | 17 linkedin
Card is king as cash usage continues to fa...
6048 views comments | 22 tweets | 14 linkedin
Digital and core renewal to drive bank IT...
4693 views comments | 32 tweets | 25 linkedin
World Bank reports big drop in numbers of...
4272 views 10 comments | 36 tweets | 12 linkedin

Featured job

to GBP £80K base, double OTE
London, UK or Madrid, Spain

Find your next job