Commonwealth Bank of Australia (CBA) is ready to launch a new point-of-sale tablet payment device that was developed in collaboration with German banking tech giant Wincor Nixdorf.
Albert, the new device, features a secure EMV interface for accepting chip and PIN cards, a near-field communications chip for contactless payments, a receipt printer, and 3G and Wi-Fi connectivity.
The wireless, seven-inch Android tablet with touch screen will be formally launched by the bank at its Innovation Lab in its Darling Harbour offices in Sydney on 31 March 2015, reported afr.com.
Powered by CBA’s Pi software platform, the device will facilitate payments as well as integrate with customers’ ERP (enterprise resource planning) systems to assist with stock management and other tasks.
The bank plans to lend Wincor Nixdorf’s support in selling the device internationally.