The merchant processing industry constantly changes, and so do the set of standards for the credit card terminals that we have grown comfortable using. For years, workhorse machines like the VX520, VX805 and ICT220 have been the go-to terminal for agents, ISVs, and VARs.
The PCI-Security Council recently announced updates to the new PCI-Standards that have rendered these machines obsolete. Verifone and Ingenico have chosen not to recertify these machines to match the PCI-DSS requirements and have stopped production all-together. Thankfully, there are options.
VERIFONE
Production and orders for all VX terminals ended September 2019. The line moving forward will be known as “Engage”. As described by Verifone, Engage offers “the latest in next-gen features, functionality, and commerce capabilities. [Merchants can] interact with consumers like never before by offering individualized loyalty rewards and discounts, personalized content, the ability to pay with points, and more.”
THE VX520 REPLACEMENT
One device that offers as a substitute for the VX520 is the V200c. The V200c can be customized for Verifone’s app store and offers multimedia capabilities, color display, EMV, Cortex A9 processor, and a faster printer.
VX805 REPLACEMENT
For the VX805 replacement, Verifone offers the P400. The P400 contains many features offered by the V200c along with a color LCD screen, Gorilla glass technology, and WIFI connectivity.
INGENICO
Not to be outdone, Ingenico has also retired the entire Telium series with three new devices called the Tetra line. Ingenico states that this line of terminals “brings a consumer-centric approach to vertical markets (including hospitality, retail, vending, banks & acquirers and transportation) with payment solutions to cover all points of transactions including any payment method support, enhanced consumer interaction, and rich multimedia possibilities […] meeting the latest security threats.”
The Tetra offers their terminals in three separate lines known as the Desk Series, Move Series and Link Series. The Desk Series is designed to be your traditional, countertop terminal. For short range connectivity, such as Wifi, the Move Series proves to be a better option. For mobile payments, merchants will want to look into terminals that fall under the Link Series.
ICT220 REPLACEMENT
Ingenico’s replacement for the ICT220 would be the Desk 5000. The Desk 5000 offers features commonly found in the newer generation of terminals. It can connect via WIFI, Ethernet, or sim card and offers a color screen with upgraded processor and memory.
For years, merchants have demanded faster, better looking machines, and Verifone and Ingenico have answered. As of February 2020, only a few of these machines have passed certifications with various payment processors, and the release date for these terminals is still unknown. However, it is never too early to learn about the great things to come for you and your merchants.
Questions or want to learn more? Feel free to fill out to form below or email us at info@boldpay.io.
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