Jusp, the chip-and-pin mPOS (Mobile Point-of-Sale) solution for smartphones, tablets and PCs, has announced the availability for sale of its mPOS solution.
The Milan-based company recently received the most stringent security level certifications for mobile point of sale devices: EMV level 1 and 2,PCI PTS 3.1 SRED*.
Led by Giuseppe Saponaro, COO, and Stefano Calderano, CEO, JUSP sells its mPOS device through its website, beginning with customers in Italy and rolling out to Europe and the US later for main street retailers and large corporations, as well as micro merchants. The first corporate client is one of the largest insurance companies worldwide. Following a pilot program, the company will provide its mPOS solution to more than 3,000 agents in Italy. A new product feature, “Payments List”, which enables any company to use its browser application to prepare in advance a list of payment packages for merchandise or insurance policies. Once in the field, sales teams can view the payments linked to insurance policies or products on the JUSP smartphone or tablet app.
Several other clients are in the pipeline while US expansion is planned for 2015 when EMV (Europay, MasterCard, VISA) transition is mandated to take place.
JUSP received $6m A round of financing from Italian venture funders and angel investors (read here).