Revel Systems iPad Point-of-Sale Embraces Chip And Pin Card Standard For European Expansion Revel Partners with Adyen for Point-of-Sale Mobile Payments, Leaving Swipe-Only POS Systems in the Dust
SAN FRANCISCO, Oct. 22, 2013 /PRNewswire/ -- Revel Systems (revelsystems.com), the leader in iPad point-of-sale (POS) solutions for restaurant, grocery and retail business establishments, today announced its integration with Adyen, the global payments solutions company. Adyen's portable chip and PIN payment solution called Adyen Shuttle is a mobile POS (mPOS) device that connects to iOS and Android smartphones or tablets wirelessly via a Bluetooth connection. Microchip-based payment cards are the standard in the EU and abroad, and Revel Systems projects it will become a best practice for PCI compliance and secure payments in the next few years.
"PCI compliance is key for any merchant dealing with credit or debit cards, and as Revel Systems continues to conduct business abroad, it's become more important for us to expand on being the first iPad POS with EMV processing as we announced earlier this year," says Chris Ciabarra, CTO at Revel Systems. "EMV chip and PIN technology is the gold standard for secure transactions in Europe, and for Revel to uphold the highest standards for our platform, we've chosen Adyen as a mobile payment processor and acquirer to take the next step. Credit card technology is advancing fast, and it's only a matter of time before this will be offered by the major carriers in the U.S."
Since its founding in 2010, Revel Systems iPad POS has held security as one of its highest standards as the only iPad POS solution in the U.S. that is PCI compliant. As a leader in the POS space, Revel's complete solution gives retailers, grocery stores and restaurants, such as clients or franchisees of Popeyes® Louisiana Kitchen, Goodwill and Belkin, the ability to take orders, process payments, analyze sales and track inventory across multiple locations. With Revel's expansion into European markets, the integration with Adyen will expedite the process for EMV cards in Europe where users are requested to pin a security code versus the popular swipe-only cards in the U.S. While other companies are trying to navigate PCI compliance or how to connect card swipes into an iPad, Revel is ahead of the game and is embracing mobile card swipes with next generation security features to allow for maximum mobility and scalability across the globe.
Adyen is a global company offering omni-channel payment services. Its mPOS solution allows for all cards to be read from one single device that embraces next generation chip and PIN standards. The Shuttle payment terminal connects to smartphones and tablets via Bluetooth in a wireless way. In addition to being more secure, the mobility aspect allows servers or sales associates to pass the device to the customer so that one never has to hand over his or her card to a stranger or stand in line. The point-of-sale payment solution accepts all types of credit and debit cards to receive payments on the go.
"The mobile payments space is diversifying at a rapid pace and on an international scale," said Roelant, Prins, CCO of Adyen. "Our partnership with Revel Systems is a perfect fit given its international scope and focus on providing the highest level of security and ease for its users. We are excited to be a part of Revel's ever-expanding European presence."
Revel recently received $10.1 million in funding from international investors, making the integration with Adyen an important complement for expanding internationally. Revel is taking continuous steps to become a more mobile company to better serve customers in retail and restaurant spaces.
About Revel Systems
Revel Systems iPad POS was founded in 2010 in San Francisco, CA with the goal of changing the point-of-sale market. Founders Lisa Falzone and Chris Ciabarra developed a quick, intuitive and secure iOS-based point-of-sale system by combining cloud-based technology and the mobility of the iPad. Revel Systems software offers a feature-rich POS solution for restaurant, retail and grocery establishments with integrated payroll, inventory tracking, customer relationship management and more. With the introduction of the Revel Marketplace, Revel iPad POS users can now integrate directly into third-party enhancements, including mobile payments, online ordering, gift or reward cards and advanced financial software suites. For more information on the future of point of sale, please visit http://revelsystems.com.
Adyen is a global provider of international and multichannel payment solutions. The Adyen Payment Platform covers all sales channels including online, apps on mobile devices and Point-of-Sale (POS), offering solutions that increase revenue, while managing risks and reducing costs. The Adyen Payment Platform is highly scalable and can be completely customized to meet any merchant requirement. Adyen processes up to 224 different payment methods and 187 transaction currencies making it the ideal partner for international expansion. Many high profile customers already chose for Adyen including Uber, Badoo, SoundCloud, Getty Images, Mango, KLM, PopCap Games and Vodafone. Adyen is headquartered in Amsterdam, with local offices in London, Paris, Berlin, Stockholm, San Francisco, Boston, Sao Paulo, Singapore and processed over USD 10 billion in 2012.
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SOURCE Revel Systems