By releasing the app code as open source, Handpoint claims it is opening up mPOS to a broader range of businesses. The company, adds that until now mPOS take-up has been restricted by a one-size-fits-all approach for micro-merchants, meaning apps fail to address specific industry sector or localisation requirements. Handpoint's open source code means its mPOS app can meet the needs of any business, from any industry and in any country.
Handpoint is able to open source its apps following the recent PCI P2PE accreditation of its mPOS chip&PIN application. The P2PE level security ensures that card data sits only on the highly secure Handpoint card reader and never within the app on the smartphone or tablet.
This gives any developer the freedom to rapidly create completely customised payment apps with unique interfaces on a smartphone or tablet, supported by enterprise-grade security. The flexibility it provides means developers can address vertical markets by meeting the diverse requirements of any industry or tailor apps for certain sectors like carpenters, plumbers, doctors etc. It also allows for rapid localisation of mPOS across multiple countries where different languages and taxes are an important factor.
David Gudjonsson, CEO and co-founder of Handpoint commented, "Handpoint is dedicated to making it as simple as possible for everyone to use mPOS. By removing security as an issue and open sourcing our app code, we're giving businesses and developers unprecedented freedom and flexibility to build the apps they need and to significantly reduce the time and cost it takes to roll out mPOS. We're looking forward to seeing what people will create with the combination of our code and how creative people can be with our code combined with rock-solid P2PE security."
Handpoint mPOS is available immediately for traders, merchants, retail software providers and developers, or acquiring banks in Europe as a white-labelled solution. Full details can be found at handpoint.com.