The former head of Google’s mobile wallet launched his latest payment project, Poynt. Former PayPal executive Osama Ben Badieh introduced a sales terminal on Wednesday that will compete with payment terminals used by restaurants, retailers, and other small businesses across the United States. The terminal is equipped with all the capabilities of the same price device and a more secure chip. It is also equipped with wireless features. Bedieyer said in an interview: "No one has solved the problem of the terminal itself. A smart phone is a necessary device for consumers. The terminal is a device for businesses."
This startup has acquired the necessary authorization as a payment terminal in the past 18 months. In a frequently overlooked field with system companies such as Verifone, the payment infrastructure competed, and Badieh had learned a hard time at PayPal and Google. Both companies are focused on subverting long-held payment habits between consumers and retailers. Poynt's focus is on improving a terminal that every retailer must have, while merchants have begun planning to reform their terminals. Bedieh said in an interview: "This is not to have the best technology solutions. Payment is more than novelty everywhere."
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