Roam, Ingenico's mobile point of sale subsidiary, has partnered with services provider EVO Payments International to market Roam's technology to U.S. merchants.
EVO plans to use Roam's technology to address the anticipated demand for mobile payments in stores. Mobile point of sale is not a large part of EVO's business, but that will change soon, says Kevin Hodges CFO of EVO.
"We see mobile as a big driver going forward, and Roam offers a wide variety of products to merchants, particularly the smaller merchants that are important to us," Hodges says.
EVO will offer Roam's G5X mobile card reader and the ROAMpay X4 mobile point of sale application, and will also leverage Roam's security and management technology. EVO did not disclose the exact number of merchants using these products, and Roam did not provide an executive for an interview by deadline. The companies also did not disclose fee structures.
The companies are initially targeting merchants in the U.S. EVO also offers mobile point of sale products from VeriFone.
EVO hopes mobile point of sale will be an attractive tool to reduce wait times at cashiers and provide mobile services, Hodges says.
"We're looking to serve merchants that want to swap out traditional point of sale or cash registers with mobile products," he says.
EVO has merchant acquisition and processing clients in more than 50 countries, and Roam offers its mobile point of sale systems in the U.S. and Europe.