The Commonwealth Bank has launched a number of new point-of-sale (POS) payment system technologies. The technologies will allow consumers and merchants to go beyond simple transactions involving cash registers and pos paper, according to the bank. The new technologies include CommBank Pi, a software platform that enables application developers and businesses to easily create applications for business use and distribute them through CommBank Pi’s AppBank to merchants; and CommBank Albert, an omni-commerce device which combines a range of industry firsts into a multi-functional hardware platform. These include a touchscreen, Android based platform, secure EMV pin interface, printer, and merchant terminal functionality. Albert is expected to become available in Q2 2013. Commbank Leo, which attaches to the Apple iPod Touch, iPhone4 and iPhone4S devices to enable Pi to become a fully functioning merchant terminal and move beyond unsecure card reader alternatives. It will be available for use this month.
Source: http://www.dynamicbusiness.com.au/news/cba-launches-customisable-pos-system-technologies-18072012.html