RBC Royal Bank today unveiled its new RBC EZ Pay Wireless Terminals, a wireless device that can be used to complete credit card transactions anywhere where a cellular phone can be used.
“This product is ideal for car rental companies, as well as for use at restaurants, tour and taxi operators, local outdoor markets, trade shows and even community and festive events,” said Mr. Yuri Lazare, Country Head, Dominica. “We are proud to be the pioneers of this technology in Dominica, providing a payment solution that is limitless in terms of where it can be used; effortless in that it is so easy to set up and use; and completely wireless, allowing merchants to accept payments wherever their customers are.”
RBC is the first financial services company in Dominica to offer this innovative product, which has many features. RBC EZ Pay is a high-speed, cordless point-of-sale terminal with an integrated antenna and printer. It has the ability to process Visa, MasterCard, Diners Club and Discover credit cards. It also has a backlit display, a secure network and a rechargeable/removable battery.
“Retailers who have previewed the RBC EZ Pay Wireless Terminal like it because it provides flexibility to set up temporary payment locations, such as at sidewalk sales and special events. The device also gives restaurant owners the flexibility to take payment from their customers wherever they are seated, even on outdoor patios or bars,” said Dave Legge, Manager for Commercial Financial Services, Eastern Caribbean. “With this system, car rental companies and other on-the-go vendors can now accept credit payments, which can help expand their business.”
This new product launch continues the long tradition of leadership that RBC has displayed in Dominica. “In March this year, RBC celebrated 95 continuous years of doing business in Dominica and we look forward to continuing this partnership for many years to come” said Mr. Yuri Lazare, Country Head Dominica. “We appreciate the many opportunities we have had to play a role in the national development of the country. Today’s launch is historic and evidence of our dedication to delivering innovative product solutions that create an environment in which Dominicans can maximize their entrepreneurial potential.”
Business persons interested in learning more about this new product and obtaining pricing can visit our Roseau branch or call Ermine Darroux at 255 – 1803.
-PRESS RELEASE
I do not want to put a damper on RBC new facility but what I can say is that with convenience come added vulnerabilities. Thou I am not certain of the technology behind that specific EZ pay, they normally us Radio Frequency or GSM technology for communication. Both are subject to attacks. There are possibilities of cloning and man-in-the – middle attacks. I guess the transaction amounts may not be significant to warrant a hacker’s attention or would they?