Cloud-based POS provider talech Inc. Monday announced it released what it calls a simple, affordable, EMV-ready payment and POS product that works with specific Ingenico Group terminals and can be activated through a software download and does not require customers to change payment processors.

Customers using talech's cloud-based POS can connect to Ingenico Group's payment terminals to start accepting EMV payments including swipe, chip-and-pin, chip-and-signature, as well as contactless options such as mobile wallets, according to a press release. 

"We are pleased that talech has chosen Ingenico Group's semi-integrated offering with our terminals to enable a suite of services for small businesses worldwide," said Rod Hometh, senior vice president for strategic development for North America Ingenico Group. "This solution provides merchants a versatile and easy-to-implement migration path to EMV."

"At talech, we strive to build intuitive and intelligent solutions for small to medium-sized business owners," said Irv Henderson, founder and CEO talech. "With our Ingenico partnership, millions of small business owners, no longer have to choose between their existing terminal and a cloud-based POS solution."