Product Spotlight - The New Multimedia VeriFone MX870

Tuesday, October 24, 2006

Smart Technology Solutions continues to position our partners at the forefront of new technology with the release of support for VeriFone's new MX870 system. With this support, STS becomes the only systems integrator globally capable of supporting the MX870 with full EMV Level 2 functionality.

VeriFone's exciting new system is seen as an insight into the future of payments technology, providing standard PIN pad technology, but also adding full-motion video, a 65,536 colour display, high quality digital sound and highly secure transaction capabilities into a single, easy-to-use, multi-purpose device. As well as its recently obtained EMV Level 1 hardware certification the system also complies with Payment Card Industry (PCI) specifications.

“The addition of VeriFone's MX870 is an exciting addition to the STS supported portfolio”, comments VP, Business Development, Cameron Olsen. “This is the first device in the market capable of such high end functionality such as touch-screen based multimedia applications with full PCI compliance. We see it as providing a big differentiator with our existing partners, allowing them to be first movers into this new arena of payments. The potential uses are not just limited to payments, some examples of its potential use include obtaining signatures for contracts, streaming real-time on-demand advertising to customers or using it to provide information and accept payment similar to an unattended kiosk device”.

This addition of the Mx870 to the STS supported range continues the exciting work STS has completed with VeriFone's devices in the past year and follows on from the integrated support for their new VX range of devices including the new VX670 Wi-Fi enabled PIN pad.