Elavon has announced
Elavon MobileMerchant, an "innovative, affordable and secure payment solution that effectively transforms mobile devices into terminals, allowing small businesses to accept payments quickly and securely anywhere, anytime."
The App is downloaded onto the merchant’s existing smartphone, and a Bluetooth-connected Chip and PIN device securely captures and encrypts card data, ensuring that no information is stored in the smartphone. Receipts are sent to the customer via email or text message. The solution meets all the current UK banking requirements, so as to protect both cardholders and merchants from fraud, abuse and chargebacks.