VeriFone is launching its first handheld EMV-capable payment terminal featuring Bluetooth, 3G radio and Wi-Fi connectivity.
According to VeriFone, the VX 690 meets merchants’ mobile POS demands, especially in North America, Australia and parts of Asia, where 3G connectivity is increasingly required for payment device acceptance.
"It is no secret that merchants increasingly want a user experience that parallels that of a consumer electronics device," said Bill Nelson, executive vice president of Global Product Management for VeriFone.
"The VX 690 achieves this goal while providing 3G connectivity that is critical in many markets where 2G networks are transitioning to 3G."
The VX 690’s Bluetooth, 3G radio and Wi-Fi combination provides fast, wireless payment convenience as well as fewer dropped transactions in virtually every type of merchant environment, says VeriFone.
The terminal is PCI PTS 3.0 compliant and features built-in security protection that includes end-to-end encryption to protect data.
According to VeriFone, The VX 690’s design easily fits on countertops and in users’ hands.
"Using these technologies has become second nature, not only because of their practicality, but because they present advanced functionality in a brilliant, yet simple package that is easy to use," said Nelson.
The VX 690 is expected to be available in late 2014.