Is mPOS Becoming A Seller’s Market?

The mPOS market is expected to grow at a rate of 50 percent annually — and that’s just in America. To enable this ease, companies are working to get mPOS devices agile and ready to accept all forms of payments. The PYMNTS mPOS Tracker^TM for January features products which contend to take the point of sale innovation further.

Accept Payments ‘On The Go’

This month’s tracker features Verifone’s new e265 platform, which is designed forindependent and micro-merchants. The platform enables merchants to bring globally certified payment acceptance directly to consumers, no matter the merchant environment.

Company Highlights

This month’s tracker features funding news and other product releases. Infinite Peripherals introduced the Infinea mPOS and Infinea mPOS Flat, which the company is billing as all-in-one solutions for the iPhone 5 and iPod touch, and TouchBistro will be launching its new iPad app, TouchBistro 7.0, which is compatible with new iPad Pro. Another company in the directory, Paynear, recently raised $2.5 million from investor Mitesh Majithia. The company is looking to raise $10 million in a Series A round. The funding will go toward the company´s goals of expansion, increasing technical capabilities and sales growth.

Tracker Updates

We added five new players to the mPOS tracker family: FreshBooks, Granbury Solutions, Monetico Mobile, Pax Technology and PayWithIT. Profiles of 13 existing players were updated based on partnerships and other announcements. Verifone, Infinite Peripherals, TouchBistro and Smartpesa’s scores changed after updating each company’s respective profile to add payment methods. Miura Shuttle’s score changed after updating its profile to add geographies. Infinite Peripherals’score changed after updating its profile to add operating systems. Creditcall, Ezetap, GoSwiff, Mint Payments, Moka, Payleven, Paynear, SureSwipe and Smartpesa were updated to reflect the new things that they are doing.