- First Data is releasing a tablet device that will accept most payment types, including checks, EMV and magnetic stripe credit cards, and mobile payments from systems such as Apple Pay and Android Pay.
- The seven-inch Clover Mini tablet’s dock is equipped with with a receipt printer and a camera for scanning QR codes and checks.
- Payments companies are racing to assist small businesses in preparing for the conversion to EMV card payments in October.
Leading payments processor First Data is going up against younger startups such as Square, Shopkeep, and Poynt with the Clover Mini, a device equipped to take virtually any kind of payment. The seven-inch tablet terminal handles checks, magnetic and chip-and-PIN cards, and mobile payment systems, and includes a receipt printer.
The company hopes to capture more business from small- to medium-sized companies with the Clover Mini ahead of the nationwide deadline for conversion to EMV cards in October. With its cross-platform capabilities, however, the Clover Mini may also aid consumers in making the shift to mobile wallets.