Universal Scientific Industrial

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  •  11/15/2019

With New Retail Trend Bullish, USI Provides Much Safer Terminal Payment Solution

(2019-11-15, Shanghai) Driven by technology, new retail has become a hot topic in the current society. This consumption mode has been widely concerned by the public since it came into being for combining online sales with offline retail, integrating modern logistics, big data and cloud computing, and analyzing consumer data, demands and preferences through big data to achieve the benefits of precise and real-time marketing.

To facilitate the device that can make payments and collections more directly, aesthetically, quickly and easily through hardware and screens, USI has invested in the EMV payment technology to launch, mPOS, a secure and fast payment terminal. "mPOS is a product which was integrated our plentiful experience in platform and system development capabilities with the security chip company Maxim Integrated, certified by EMVCo authorized certification testing lab and received approval of PCI security evaluation lab," said Hawk Sun, Associate Director of Vertical Product Solutions BU of USI.

A striking feature of the new retail model is the ubiquity of consumer activity, which can be made through mobile phones, computers and physical stores. This makes safe and convenient diversified payment methods an urgent need. Consequently, the EMV smart card with several advantages has rapidly grown into a mainstream payment method in the world during this period.

"The products we cooperate with USI feature simple and lightweight appearance, elastic functional structure, matching the product design thinking of customers, which makes the application of EMV payment not be restricted by traditional hardware, and is conducive to the development of multiple applications in the market and the introduction of fast solutions," said Stone Chen, Chief Technology Officer of KeyXentic. 

The collection platform device developed by USI and supporting both the EMV contact and contactless can be integrated into the POS system and self-service machine. It can help customers mainly relying on POS system, such as Toshiba and NCR POS Systems, develop a complete solution that integrates POS and payment solution to crack more retail and self-service market, especially countries actively promoting cashless and secure payment, such as North America, Europe, and Japan. 


About Maxim Integrated
Maxim Integrated develops innovative analog and mixed-signal products and technologies to make systems smaller and smarter, with enhanced security and increased energy efficiency. We are empowering design innovation for our automotive, industrial, healthcare, mobile consumer and cloud data center customers to deliver industry-leading solutions that help change the world.

About USI
USI (SSE: 601231), Universal Scientific Industrial (Shanghai) Co., Ltd., provides design, miniaturization, material sourcing, manufacturing, logistics, and after services of electronic devices/modules for brand owners. USI is a member of ASE Technology Holding (TWSE: 3711, NYSE: ASX) and has many years of experience in the electronics manufacturing services industry and leverages the industry-leading technology of ASE Group, which enables USI to offer customer diversified products in the sectors of wireless communication, computer and storage, consumer, industrial, and automotive electronics worldwide. USI has sales service network in America, Europe, and Asia; and manufacturing sites in Mainland China, Taiwan, Mexico and Poland. For more information, please visit USI at www.usiglobal.com.
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