Poynt, a point-of-sale competitor to Square and Clover, announced today $28 million in new funding, as well as PCI PTS certification for both hardware and software, to protect cardholders. The funding should allow it to begin shipping product, and the certification makes it the industry’s first mobile point-of-sale device to be certified for both EMV and PCI PTS. Palo Alto-based Poynt was founded by Osama Bedier, formerly of PayPal and onetime head of Google Wallet. Below is the video from the company’s launch one year ago.
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