iOS compatible 'Chip and PIN' card reader goes on sale at European Apple stores
Merchants looking to collect credit card payments on the go have a new option from Payleven, which has launched its "Chip and PIN" card reader at Apple's retail and online stores in Europe.
Payleven has become only the third card reader solution to go on sale at Apple's stores, and is the very first to do so with the Chip and PIN solution popular in Europe, The Next Web reported on Wednesday. The first card reader to hit Apple's stores was Square, which has become the seemingly default option for card swiping on the go in America.
Payleven is hoping to become the Square of Europe with its Chip-and-PIN solution, which is the brand name adopted by banks in the U.K. and Ireland for EMV smart card payments. Chip refers to silicon embedded in the customer's card, while PIN stands for the personal identification number that a customer must supply to authorize a transaction.
Though they're not widely used in the U.S., Chip and PIN cards are almost universal in Europe. Payleven's launch at Apple Stores marks the first time that a Chip and PIN product is available at mass market retail.
The accessory maker first started talking to Apple about its product before it launched in February 2013. Company co-founder Konstantin Wolff revealed that getting a product on Apple's shelves has a number of requirements that cover product design, availability, and packaging.
"In the end, the Apple brand stands like no other for innovation and state-of-the-art technology," Wolff told The Next Web. "Ultimately, the ability to meet their specifications as well as being a Pan-European player were key success factors in this deal."
Apple's stores have served as the launching pad for a number of high-profile innovative products over the years. Most recently, Apple was the first retailer to carry Philips Hue connected LED bulbs, as well as Nest learning thermostat.
9 Comments
This brick screams to be slimmer and attached under the iPhone, w/o the PIN-pad and the little display, which both could be replicated on the phone. Handling TWO devices seems silly comparing to the traditional chip-and-pin readers being just ONE device. Good to see this finally appearing in Europe but the design needs to be improved.
This brick screams to be slimmer and attached under the iPhone, w/o the PIN-pad and the little display, which both could be replicated on the phone. Handling TWO devices seems silly comparing to the traditional chip-and-pin readers being just ONE device. Good to see this finally appearing in Europe but the design needs to be improved.
In Canada chip & pin is the universal. I can't remember last time I saw 'swipe' used. In the Apple stores the payment is done via a 'brick' like iPhone. It is an iPhone or iPod with something attached about as thick as the 'brick' shown here but the shape of an iPhone. The keypad is on the flip side with physical keys.
A touchscreen for the PIN is a terrible idea. Everyone physically hides the keypad when entering their PIN by touch and you cannot do that with a touch keypad.
In Canada chip & pin is the universal. I can't remember last time I saw 'swipe' used. In the Apple stores the payment is done via a 'brick' like iPhone. It is an iPhone or iPod with something attached about as thick as the 'brick' shown here but the shape of an iPhone. The keypad is on the flip side with physical keys.
I wouldn't say it's universal, but it's both far more common than the swipe and sign method, and always used for anything serious. Who even signs their credit card anymore anyway? A lot of kids today don't even have "signatures" per se.
I can't remember the last time someone actually checked my signature with the card signature either, but it always makes me smile because it truly is just "security theatre." No average person is qualified or capable of detecting a fake signature really.
This brick screams to be slimmer and attached under the iPhone, w/o the PIN-pad and the little display, which both could be replicated on the phone. Handling TWO devices seems silly comparing to the traditional chip-and-pin readers being just ONE device. Good to see this finally appearing in Europe but the design needs to be improved.
A touchscreen for the PIN is a terrible idea. Everyone physically hides the keypad when entering their PIN by touch and you cannot do that with a touch keypad.
True. But even worse is the risk of malware on the phone capturing the keystrokes. Throughout Europe (don't know about Canada) it is actually a requirement by the banks that card reader and keypad have to be communicating directly and not through additional software.
I think this device will only appeal to a limited audience anyhow. Pretty much all shops that need them already have wireless handheld "Chip and Pin" terminals, even with integrated printers. These communicate wirelessly with a base station hooked up to a landline or WiFi access points. The Payleven solution might only appeal to use cases where there is no landline or WiFi.