New mPOS Solution Aims to Ease Security Fears
21st March 2017
Able Systems is aiming to eradicate the security concerns of consumers with the launch of the world’s first dedicated mPOS (mobile point of sale) printing solution whilst, at the same time, providing what it claims is a significant incremental income opportunity for mPOS Card Reader providers.
The small printer solutions specialist claims the newest product in its portable printing portfolio, the Ap1600, is compatible with any existing mPOS set up across any retail environment.
Recent independent research from YouGov has revealed that over 80 per cent of customers cited security as a major concern when performing an MPOS transaction. Many shoppers feel wary when prompted to enter their pin number into a tablet or non-traditional chip and pin device, particularly as incidents of fraud and security breaches have recently been highly prevalent in the press. Being able to offer a printed receipt with the transaction can make a huge difference in providing reassurance to the customer. In fact, there have been many instances where retailers have ceased using mPOS directly because of consumer dissatisfaction of not being offered a printed receipt or having to hand over their email address in order to be sent a ‘soft’ copy.