Latest in Business

Image credit:

VeriFone's new Payware Mobile Enterprise for Tablets looks a little Square

Amar Toor, @amartoo
June 30, 2011
Share
Tweet
Share

Sponsored Links

VeriFone added a new wrinkle to its ongoing battle for mobile payment supremacy yesterday, with the announcement of Payware Mobile Enterprise for Tablets -- a peripheral that will allow retailers to process transactions directly from any slate. Much like the company's Payware Mobile system, VeriFone's latest product involves a magnetic card reader and accompanying app that can turn any iPad or Android tablet into a handheld checkout unit. Geared toward larger enterprises, the new device also supports PIN verification for debit cards and NFC payments, rendering it compatible with Google Wallet, though it likely won't see a widespread release until 2012. Perhaps more intriguing is what this move could mean for the company's notoriously heated rivalry with Square. By explicitly targeting bigger retailers, VeriFone seems to be distinguishing itself from the small business-focused Square, despite the fact that its new product looks a lot like one of Jack Dorsey's creations -- or, as some CEOs would call them, "skimming devices."

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share

Popular on Engadget

The best games for Nintendo Switch

The best games for Nintendo Switch

View
Netflix’s ‘Space Force’ spoof starring Steve Carell arrives on May 29th

Netflix’s ‘Space Force’ spoof starring Steve Carell arrives on May 29th

View
See every square foot of asteroid Bennu, Earth's little frenemy

See every square foot of asteroid Bennu, Earth's little frenemy

View
Stadia Pro is free for two months starting today

Stadia Pro is free for two months starting today

View
Rocket Lab proves it can recover a rocket in mid-air

Rocket Lab proves it can recover a rocket in mid-air

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr