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Brazilian bank to deploy Verifone mPOS device

Banrisul Cartões selected Verifone's product following a test by door-to-door cosmetics merchants and taxi cab drivers.

Verifone today announced that a Brazilian bank will provide its PAYware Mobile e105 point-of-sale device to merchants who engage in door-to-door sales throughout the country, according to a press release. 

Banrisul Cartões selected Verifone's product following what it called a successful pilot by door-to-door cosmetics merchants and taxi cab drivers during the height of the tourist influx surrounding the 2014 World Cup.

"Banrisul is a retail bank that continuously seeks to innovate and offer its customers the best solutions and technologies compatible with the dynamics of modern life," Carlos Malafaia, director for Banrisul Cartões, said in a statement. "The results of the pilot exceeded expectations and we are eager to move forward and bring mobile payments to a new market segment in Brazil."

Verifone's device features an EMV chip card reader as well as a fully encrypted mag stripe card reader; an integrated PIN pad enables cardholders to enter their own PINs.