Office stationery retailer Staples and mobile card payment provider payleven have set up a distribution agreement that’ll see the payleven Chip & PIN card reader made available in all Staples stores across the UK, Germany and the Netherlands.
payleven offers a Chip & PIN card reader that can be used via Bluetooth with an Apple or Android smartphone. Businesses simply pay a 2.75% transaction fee whenever they use payleven to process a credit or debit card payment.
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Rachel McCormack writes:
Mobile point of sale transactions (mPOS) are growing in popularity as mobile use takes over from desktop computers. The description of ‘mobile’ point of sale transactions denotes the ability of a payment to be taken via smartphone or tablet rather than a traditional card reader. There are many different ways to do this; mobile chip & PIN, mobile swipe & sign and NFC payments. All of these methods vary in popularity and security conceptions and many are difficult to understand. In this article we will explore each and give you the chance to understand the technology and issues surrounding the various methods.
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