Tomorrow's point-of-sale terminals will be less than 10 inches wide and shun mag stripe readers, according to a prototype revealed by Diebold Nixdorf this week.

The company, which is headquartered in Ohio and Germany, said its "Extreme Self-Checkout Concept" terminals (pictured) can accept cards, cash and touch-free payments, and only read cards with EMV chips. The "Extreme ATM" terminals have integrated Bluetooth proximity technology so consumers can use Bluetooth-enabled mobile devices to authenticate and then tap their devices near the ATM to complete a transaction.

"By accepting cash, card and contactless payments, the Extreme Self-Checkout Concept enables retailers to meet the needs of today's consumers while driving the future of connected commerce. Additionally, the concept's extremely small footprint enables retailers to free up valuable floor space," the company said in a release. "The addition of an EMV chip reader further eliminates the risk of card fraud by exclusively reading the card's EMV chip versus the entire magnetic stripe."

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.