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Android Gets Another Mobile Payments Device

Mercator Advisory Group by Mercator Advisory Group
January 18, 2011
in Analysts Coverage
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Advanced Merchant Solutions, Inc. is another outfit that has put together a software, hardware and services package for mobile merchants. The software is available in the Android Marketplace. The hardware, Pocket Spectrum, is a Bluetooth-based magstripe readers and printer combination along the lines of the Blue Bamboo unit. It works in conjunction with the Android Verifier software. Because AMSI is an ISO, the entire package gets bundled. What’s interesting is the focus, in this release, on the Android tablet space, a PR node to the Consumer Electronics Show where a flood of Android-based tablets will be announced.

“With over 600,000 Galaxy Tabs being sold in the first month, we believe that tablets are the next big movement in the mobile industry and we plan on being there for our mobile merchants, even as newer innovations arise on a daily basis,” says Dr. Blaine Leckett, the company’s CTO. Dennis Ideue, the company’s CEO adds “Being the developer of the application, the manufacturer of the printer, and the ISO issuing the merchant accounts allows us to give unprecedented value to our customer base. This solution really differentiates itself from the rest of the market by incorporating a printer. The marketplace-to-date has had to settle for keyed-in email receipts which really slow down the throughput.”

Read full press release: http://www.finextra.com/news/announcement.aspx?pressreleaseid=37316

Tags: Mobile Payments
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