MOBILE CARD READER MARKET ANALYSIS

Market News

Global Mobile Card Reader Market: Key Developments

• In August 2019, Identiv, Inc., global provider of physical security and secure identification launched its new uTrust 2920 F Bluetooth Smart Card Reader, focusing on portable security and powerful authentication in mobile cybersecurity. The uTrust 2920 F provides a mobile, cable-free solution for secure multi-platform access to email, portals, and authenticated collaboration sites.
• In October 2018, SumUp, the financial technology company, launched its next-generation 3G card terminal which is a standalone payment device that does not require an accompanying mobile app.
• In November 2017, Ingenico Group, the global leader in seamless payment, announced a launch of the Moby/8500, the latest addition to the company’s suite of mobile point of sale (mPOS) card readers. The Moby/8500 features a consumer-friendly, innovative design, and provides a reliable, consistent and secure experience for both the cardholder and merchant.
• In March 2016, Square Inc., mobile payment company, launched its chip card reader in Australian market. Square’s chip card reader is the most affordable, mobile, and smallest payment card reader on the Australian market.
• In June 2015, Square Inc., mobile payment company, announced its Apple pay reader which is the most powerful card reader yet, a wireless reader that enables any business with a tablet or smartphone to accept Apple Pay and contactless payments, as well as EMV chip cards