Mobile Payments are still not prominent by any means as many local retailers and even bigger national chains have yet to retrofit their POS systems to accept any forms of mobile payments. Thanks to Apple Pay though that will surely soon start to change, and many people as well as us have been saying this for months that we could soon start to see many business accept Google Wallet and other forms of mobile payments now that it seems to be getting quite the hefty push. Even with the businesses that offer payment terminals to accept mobile payments using a tap to pay form of purchasing goods and services, most will only support one specific type or platform.
Verifone is looking to change things and make them more open, by offering merchants a way to support multiple mobile payment platforms with a single mPOS system called the PAYware Mobile e355. Verifone is looking to make mobile payments more flexible with this mPOS solution, and it's great to see a company that realizes not everyone who shops at an establishment that accepts mobile payments will be using the same type of device that supports a particular platform. The biggest issue on mobile payments for the longest time seemed to have been that consumers wouldn't want to take the risk of showing interest in mobile payments if there was nowhere to use them, and merchants didn't want to fork out the money to update their POS systems to support mobile payments if consumers weren't showing interest. That looks to finally be changing, and with the PAYware Mobile e355 perhaps merchants will step up and cut off another looming issue before it really begins to appear on a mainstream scale, which is the lack of support for multiple mobile payment platforms.
Verifone is touting this as a system that is a flexible, long-lasting device that can outlive smartphone and tablet models, making it a good investment for retailers, merchants, and restaurants where it can be used through multiple mobile device life cycles. The system will support and accept payments of all types, including NFC, EMV, Apple Pay, and the traditional magnetic stripe, and it supports WiFi, Bluetooth and USB connectivity. It also features an optical barcode scanner. The PAYware Mobile e355 is scheduled to be available for merchants beginning in late summer, so with any luck by the end of 2015 we'll be seeing many of these payment systems in our favorite places to shop.