Apple comes up with an iPhone 5S-based POS system that is EMV, NFC ready

It was back in 2009 that Apple first began utilizing its iPod touch as an ‘EasyPay’ system for employees in its retails stores. Now Apple is in the process of updating its current mPOS system that utilizes the iPod touch with a new iPhone 5S based system, according to 9to5mac. The iPhone 5S-based POS system also includes a number of additional new features.

The upgraded system includes a new shell or sled that attaches to the iPhone 5S. This is made by VeriFone Systems, one of the world’s leading POS vendors, says Forbes. The new device is around one ounce heavier and a bit thicker than the previous model.

  • The device is high on security aspects as it features a number of things such as it accepts chip-and-pin (EMV) cards, which offer the current maximum level of account security. Entering a PIN provides a high level of improved security, especially if the card is stolen or misplaced. As the US moves towards Chip and Pin, this device is future proof.
  • Utilizing this system, buyers insert their card into a reader and then enter a PIN (personal identification number). A PIN entry keypad has been placed on the back of the VeriFone POS device, that’s set to hit Apple stores.
  • The VeriFone POS device consists of a laser barcode scanner for 1D as well as 2D codes.
  • Apple has upgraded its propriety POS software to take advantage of the iPhone 5s and VeriFone shell features, says Forbes.
  • Their upgraded POS system also features a number of upgrades, including enhanced PassBook scanning.

Apple has already outlined quite a few other modifications over the previous system, including longer battery life, 2D bar code scanning capability, and better network connectivity, according to an internal memo obtained by 9to5mac. Apple has already sent out the iPhone 5s to several stores in the U.S. with units set to be rolled out to every store in the country over the next couple of weeks, according to 9to5mac. The company also seeks to alter the EasyPay name.