AnywhereCommerce, a payments technology provider, is releasing its Walker Chip and Signature mobile payment solution (view press release). Walker is a compact payment acceptance device, compatible with most mobile smartphones and tablets, and enables mobile payment acceptance. The solution is EMV compliant as well as legacy magnetic stripe use compliant.
“There are multiple presentation methods included in EMV standards, and merchant services providers will most likely be tasked with supporting multiple payment technologies until the market determines which way it will proceed,” said Rick Oglesby , senior analyst with Aite Group, a Boston-based market research and advisory firm focused on the financial services industry. “Technology providers that have strategies to support all major presentation methods like NFC, Chip and Signature, and Chip and PIN, can serve the immediate and long-term needs of financial providers and merchants that are looking to meet EMV standards.”
The Walker solution can be integrated with a variety of third-party mobile payment apps, or with the AmywhereCommerce app.
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