On 25th June 2014, all-in-one, chip-and-pin mPOS solution – JUSP - announced that its mPOS solution is now commercially available for sale, having received the most stringent security level certifications for mobile point of sale devices: EMV level 1 and 2,PCI PTS 3.1 SRED*.
JUSP says that it is just one of a handful of companies worldwide that has achieved the full range of certifications. Beginning now, JUSP will sell its mPOS device via its website, starting with consumers in Italy and rolling out to Europe and the US later for main street retailers and large corporations, as well as micro merchants.
- JUSP is also announcing its first corporate client -- one of the largest insurance companies worldwide.
- Following a pilot program, JUSP will provide its mPOS solution to more than 3,000 agents in Italy. Several other large clients are in the pipeline.
- US expansion of the JUSP solution is planned for 2015 when EMV transition is mandated to take place.
- JUSP's new product feature "Payments List" will be used first by its insurance client.
- Payments List enables any company to use its browser application to prepare in advance a list of payment packages for merchandise or insurance policies.
- Once in the field, sales teams can view the payments linked to insurance policies or products on the JUSP smartphone or tablet app.
- People do not have to carry around a heavy laptop to close payments or rely on inconsistent Internet connectivity, anymore.
- Payments are made on regular smart phones and JUSP makes sure payment is safe, reliable and quick, states the company’s press release.
- Payments List was designed first for use in the insurance world, but will work just as well in the delivery industry or for any corporation that has to integrate mPOS devices with existing backend systems, according to the company.
"Payments List benefits large retailers and corporate customers that have an existing Windows-based infrastructure in place. JUSP's payment technology seamlessly integrates all the elements needed for automatic payment reconciliation; there's no need for reconfiguring the system or recoding the browser solution or app," said Giuseppe Saponaro, COO, JUSP. "Our mPOS solution works very easily with existing corporate systems, saving huge administrative overheads for a corporation."
JUSP considers itself as an all-encompassing mPOS solution for both micro merchants and small- and medium-sized retail outlets. The company says that itsmPOS device and operating system flexibility, along with the chip-and-pin security and the all-inclusive pricing launched recently, makes it extremely easy, secure and convenient for retailers to charge consumers utilizing whatever method they select.
JUSP is an emerging mPOS company with a proprietary all-in-one chip-and-pin card reader, which connects directly to smartphone and tablet audio jacks. The company is gaining momentum on many fronts. It has secured a $6 million equity round with two Italian venture capitalist firms, making the equity one of the biggest rounds in Italy in 2013.