VeriFone Systems has announced the VX 690, its first handheld EMV-capable payment terminal featuring Bluetooth, 3G radio and Wi-Fi connectivity. According to the company, the terminal's size, design and multiple connection capabilities meet merchants' mobile point of sale 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 user experience of the terminal combined with its robustness, flexibility, and technical communication capabilities will not only enable payments today — it will enable commerce tomorrow."
According to the company, 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. Dual SIM functionality enables the terminal to connect quickly to different networks to keep transactions moving, while built-in GPS allows merchants to track the location of every transaction, providing greater visibility into operations and inventory across multiple stores.
The terminal is PCI PTS 3.0-compliant and features built-in security protection that includes end-to-end encryption to protect data at every point of the transaction.