ATLANTA--(BUSINESS WIRE)--Running a business and growing it can be stressful, but finding the right payment terminal shouldn’t add to a business owner’s daily workload. U.S. Bancorp subsidiary Elavon and California-based Poynt today announced a partnership to offer one of the most advanced payment devices available to small to mid-sized businesses in the U.S., featuring the latest in payment acceptance technology, pre-installed security features and a broad range of mobile capabilities.
“I’m thrilled to announce our strategic partnership with Elavon, a global leader in payments,” said Poynt founder and CEO Osama Bedier. “Poynt has advanced the payment terminal by giving it the intelligence of a smartphone. Connected to Elavon’s advanced processing services, businesses get unparalleled technology access to help them grow.”
The payment device offers a solution for businesses in need of mobile capabilities such as:
- Multi-payment acceptance – Accepts the latest payment methods, including chip and magnetic stripe cards as well as mobile payments such as Apple Pay and Android Pay
- Dual-touch screens – Enable businesses and their customers to easily interact through checkout
- Enhanced mobility and connectivity – Includes Wi-Fi, USB, Bluetooth, a built-in printer and optional 3G so businesses can take payments anywhere
- Powerful security – All terminals sold through Elavon come equipped with Elavon’s Safe-T technology to ensure maximum security, including EMV, encryption, tokenization and PCI protection
The mobile terminal is currently available for small to mid-sized businesses. Additional features – including an app store for inventory management and other items – will be available in the near future.
Wally Mlynarski, Elavon’s head of global product and innovation, said, “Our partnership with Poynt is making sophisticated, mobile payment options typically offered at larger retailers a reality for our customers, like growing restaurant chains. With an added benefit of layered security technology, we are able to help businesses build trust among their customers.”