MagicCube, ID TECH to deliver Soft POS and PIN-on-Glass solutions
The firms will combine their respective technologies to develop the new solution that will have the capability to convert any locale or device into a POS. This feature is expected to provide customers with payment security, boost payment volume for banks and reduce card acceptance costs for businesses.
MagicCube’s technology is designed to turn standard mobile devices into secure POS systems that can handle sensitive data, including card PIN, on consumer device touchscreens.