Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek

Trending

Filed under: News | Apple

 

Apple’s New POS Bumps Up Security Measures

Using an iPhone 5s, retail stores will be able to accept more secure payments

1 Updates
Apple’s New POS Bumps Up Security Measures
Photo Credit: Getty Images
 
 

YouTube Videos Comments

Full Story

Apple’s New POS Bumps Up Security Measures

Apple has been at the forefront of new security measures as the world, especially with new concerns being consistently raised about identity theft. That is why they are introducing a new point of sale system that they hope will make customers more secure and set a standard for the retail world.

According to Apple Balla, these new systems will now be using an iPhone 5s shell to handle the processing and make use of new EMV cards that have higher security standards and have been very successful in Europe. Visa and Mastercard are expected to bring them to the US in the coming years, although these POS systems will be able to read older cards as well.

That iPhone shell is coming thanks to VeriFone, who is one of the largest POS manufacturers in the entire country. People have been concerned with their security in the past, but this should put their minds at ease when it comes to purchasing high ticket items like Apple products.

What stands out about this is that it could encourage other retailers to start using similar systems. This kind of thing can help make the entire customer experience easier and faster, something that every store would enjoy and benefit from. Whether or not Apple is going to be willing to share this kind of technology remains to be seen, however, and it might be something that they keep to themselves until the right offer comes along.

 

iPad Air Giveaway. Win a free iPad Air.

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/27" rel="author">Bijon Kumar Pramanik</a>
Bijon Kumar Pramanik is an experienced technology writer working since years in the consumer electronics field.

 

 

Comments

blog comments powered by Disqus

Latest stories

Microsoft set to unveil Windows 9 on September 30th
Microsoft set to unveil Windows 9 on September 30th
While Threshold is likely to be named Windows 9, it’s unlikely that Microsoft will name its upcoming Windows release at its press event.
 
 
Tara Reid Wears Revealing Dress at Sharknado 2 Screening
Tara Reid Wears Revealing Dress at Sharknado 2 Screening
Sharknado 2 hit the big screen yesterday in LA. Tara Reid used the occasion for a dramatic red carpet appearance. How does this dress stay on her boobs?
 
 
Mariah Carey Feels Sorry About her Marital Issues
Mariah Carey Feels Sorry About her Marital Issues
The pop diva, Mariah Carey feels sorry about her marital issues. Her problems with her husband may offer trouble in the future for the rich and famous songstress.
 
 
Rear Panels Of 5.5-inch iPhone 6 In Latest Leak
Rear Panels Of 5.5-inch iPhone 6 In Latest Leak
The 4.7-inch iPhone 6 and the unofficially-named ‘iPhone 6L’ will play out like the smartphone version of the iPad mini 2 and iPad Air.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.