UK-based payment terminal and payment services provider Yello announced on Monday its new Y7 terminal has received all industry approvals and certifications and is now ready for market. The company reported that the tablet-sized terminal removes long-established in-store pain barriers and represents a new generation of customer service and payment terminals. Y7 can accept all card and digital payment methods – from magstripe, EMV chip and pin, as well as contactless to WeChat Pay and Yoyo.
While sharing more details about the terminal, Mike Ausems, CEO and co-founder of Yello, stated:
“Developed in-house by Yello in Paris, the Y7 has been designed with a laser focus on the customer experience during uncountable testing sessions. It is built around our hybrid payment reader combined with smartphone technology and a world-first switchable privacy shield against shoulder surfing. The benefit is that it is PCI PTS approved yet totally removes the need for a cumbersome physical privacy shield. This partnership with Yoyo is a prime example of Yello’s mission to build simple, open tools and payment services to help with in-person service and sales.”
Alain Falys, Chairman of mobile payment and loyalty platform Yoyo Wallet, added:
“While Yoyo is already integrated into the world’s most popular POS software, this new, groundbreaking OmniPOS Y7 terminal from Yello is a game changer when it comes to delivering the most simple, integrated payments and loyalty experience at the point of purchase, anywhere. In short, the Y7 will help open up Yoyo’s combined payments and loyalty experience to even more verticals, whether it’s building on our leadership around food and beverage and quick service restaurants or opening up into new sectors like department stores, transport, and healthcare.”
Yello added that it also offers turnkey bundled solutions for transaction processing and terminal management. Prices start at € 450 for the Y7 Wi-Fi terminal and at € 550 for the Y7 Wi-Fi and 4G terminal.