Global Accelerex Unveils Android PoS Terminal

point of sales
  • Global Accelerex Unveils Android PoS Terminal

A Central Bank of Nigeria (CBN) licensed payment terminal service provider, Global Accelerex, has unveiled NEXGO N5, the first single unit Android point of sale (PoS) terminal to be certified for payment acceptance in Nigeria.

The device runs on Lollipop 5.0 operating system (OS) and performs four times faster than any other payment terminal around. It has efficient battery conservation and high performance; it is loaded with better protection against vulnerabilities and malware, giving users peace of mind that allows them to focus on running their businesses effectively.

Commenting on the product, its Chief Technology Officer, Mr. Stanley Peters, said: “We remain committed in our determination to deploy the best available PoS systems in the world into Nigeria; we will leverage technology to make payment systems faster, safer and more dependable. The unique terminal offers improved network selection logic, limited interruption of connectivity and standby power time of 120 hours, lasting up to five days before the battery drains out.”

Its Chief Operating Officer, Mr. Kayode Ariyo, said the introduction of the terminal marks another milestone in the quest to revolutionise PoS business in Nigeria with the most efficient payment solutions. He reiterated the company’s bias for world-class technology, excellent service quality and innovation.

Packed with a Quad-Core processor, the smart terminal enables users multitask – giving them the luxury to perform multiple functions on the PoS terminal, without it slowing down or hanging. The processor also encourages lower power consumption and higher performance per watt.

It comes with a lot of applications for the enhancement of business operational efficiency. It generates coupons for sales promotions, creates sales records, creates invoices for merchants such as warehouses, retail outlets and others, inventory management which include monitoring the stock, re-order level and automatic replenishment systems.

It has certification which include PCI – certification of payment data security by international standards; EMVco – evaluates the security of a payment card before a transaction is approved; Visa – for smooth transition of card and contactless transactions; Mastercard – enhances functional reliability, interoperability and overall security; and AmEX, which enables international card acceptance and seamless transaction approval.

About the Author

Samed Olukoya
Samed Olukoya is the CEO/Founder of investorsking.com, a digital business media, with over 10 years' experience as a foreign exchange research analyst and trader. A graduate of University of East London, U.K. and a vivid financial markets analyst.

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