All new PayAnywhere merchants will receive the device, free of charge. Failing to implement EMV(Europay, Mastercard and Visa) chip technology will result in a shift in liability from banks to merchants. Although major retailers adopted and implemented EMV chip card acceptance, migration has been slow in the SME segment.
In a bid to help businesses minimize chargebacks and fraud risk, PayAnywhere provides mobile payments solutions with a Bluetooth EMV reader for free with pay-as-you-go pricing.
PayAnywhere is a mobile payments solution that developed a card reader which transforms any Apple or Android device into a mobile POS system and is available on both app stores. The device also includes comprehensive reporting features and offers an interactive dashboard providing data and tools for business management.
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