Leading payments solutions and financial technology company OMA Emirates has launched its Biometrics PoS terminal range – iWB Bio Series in India. Powered by Ingenico, the range includes the iWB Bio 220 and iWB Bio 250 PoS terminals.
The iWB Bio series enables payments by validating a user’s fingerprint in order to process a transaction and is an ideal solution for merchants and businesses exploring and accepting AEPS through terminals. The iWB Bio Series comes along with an inbuilt fingerprint scanner thus eliminating the need of an externalfingerprint scanner. It uses the IP65 optical sensor and best in class biometric algorithms by Morpho and is known to match fingerprints in seconds.
The iWB Bio series can connect to a data network via GPRS, Ethernet or the Dual Sim Slot available. It uses the unique 4-Factor-Authentication where in it combines Chip, Pin, fingerprint verification and GPS tracking thus making it one of the most secure modes of transaction simultaneously building an efficient fraud management system. Additionally, the iWB Bio series offers all transaction options ranging from traditional Magstripe, EMV chip & PIN and also the latest contactless and NFC technology cards.
On introducing the iWB Bio Series in India, Mr. Niranj Sangal, Group CEO, OMA Emirates said, “We believe that India is ready to transact with the use of Aadhar and biometrics. However in order to increase the number of Aadhar based payments via PoS, there is a needto increase the number of payment acceptance points in the country. The iWB Bio series is an all in one solution which can accept payments via input of a PINas well as with a fingerprint for AEPS. Its matches prints within seconds and is extremely secure.”
“We have been receiving enquires and requests for the iWB Bio series terminals from merchants as it replacesthe existing PoS terminals. We will also begin providing a complete end-to-end integrated solution directly to merchants and acquiring banks to help increase the number of Aadhar based transactions. Simultaneously, the deployment of these biometrics terminals will contributetowards the 1,00,000 PoS terminals we aim to deploy by year end in India.” Sangal added
The iWB Bio series terminals have a mobile form-factor, an ergonomic design and comes along with image based messaging and audio guidance. Its long lasting battery and colour display has been designed for outdoor use as well. The iWB Bio Series is the first fingerprint device to be PCI-PTS 3.1 certified with SRED and open protocols and complies with all necessary standards and certifications in order to process payments in India. OMA Emirates will be deploying the iWB range via banks, financial institutions,
To support merchanton boarding, OMA Emirates provides complete POS Managed Services offerings from end-to-end, from deployment to Installation and training. It is also equipped to provide complete support services to banks and service providers.
About OMA Emirates Group
Middle East based OMA Emirates Group is a leading provider to the payment industry with cutting-edge technology solutions for card personalization, payment issuance and payment acquiring systems through a global delivery platform. The company aims to help businesses achieve the highest efficiency levels by drawing on its extensive research and experience with a large profile of high-performance businesses.
OMA Emirates Group together with its strategic world class technology partners designs and delivers a seamless customer experience. The company is ISO 9001 certified. It has a presence in Eastern Europe, Africa and APAC.