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Payments provider NMI has added to its point-of-sale terminal lineup the Axium SmartPOS, which works across merchant types. In related news, MagTek Inc. says it will provide digital access tokens, which replace keys and passwords, for Star Micronics devices.
Schaumburg, Ill.-based NMI says the new terminal uses POS equipment maker Ingenico’s technology. Ingenico provides the Android-based platform the terminals use while NMI adds its gateway, software development kit, remote management services, compliance protocols, and deployment abilities, NMI says.
NMI says the Axium SmartPOS device is for merchants that need a single card-present terminal that can work in a variety of situations and is suited to retail, hospitality, food-service, and field-based payments. NMI markets a portable version for retail payments, a version for countertop and semi-attended kiosk environments, and a series designed for mobile and field payments.
The new devices accept chip, swipe, contactless, and mobile-wallet payments. Ingenico introduced the Axium POS terminal line in 2018, and has updated it multiple times since.
In related news, Seal Beach, Calif.-based MagTek says it will provide its digital-token technology to POS hardware maker Star Micronics. The technology can be used in lieu of passwords to access payments devices. MagTek says its Qwantum multi-factor authentication tokens can be incorporated into software applications.
These tokens can then be used to authorize specific actions, such as initiating payments, opening cash drawers, or providing manager overrides. MagTek says this can reduce complexity by removing the need for physical keys, passwords, and shared credentials. This benefit is possible because the Qwantum framework replaces physical credentials with time-bound, dynamic, and context-aware tokens, MagTek says.
“This enables ISVs and merchants to move beyond device-centric integration and build more flexible, scalable, and economical operations,” Tim Guella, Star Micronics information technology director, says in a statement.
