NuvoLinQ Partners with BICS & Kigen for Secure Point-of-Sale Connectivity
Brussels – 10th February 2024 – IoT solutions company NuvoLinQ has launched a new eSIM offering for ultra-reliable, ultra-secure cellular point-of-sale (POS) connectivity in partnership with eSIM and IoT heavyweights BICS (a Proximus company) and Kigen. The solution offers backup connectivity options to ensure uninterrupted operations, allowing payment systems—such as card readers at retail stores or kiosks—to securely transmit and receive data, effectively safeguarding against fraud.
As cash payments grow less popular, reliable and secure points-of-sale to process card payments is becoming increasingly important. Modern payment terminals are more than just cash registers or card machines. They often track inventory, customer needs, loyalty programs, and various data and analytic functions. This makes reliable and secure internet connectivity a must. Using a private cellular (i.e. 4G, 5G) connection, instead of the retailer’s regular network (e.g. WiFi), is more effective in protecting payment data from hackers or unauthorized access.
“IoT has always held untapped potential for secure reliable payments, and this latest solution takes it to the next level. Developed alongside the strongest players in the market, it raises the bar for the security and availability of POS data.”
— Maurizio Tersigni, CEO of NuvoLinQ
The solution uses a MFF4 eSIM, provided by Kigen, that consumes far less power than a traditional SIM and crucially, comes loaded with two profiles. This means the device can connect to two different networks, giving redundancy in the event of a network outage.
Besides stability and security, the other benefit of the solution is its low-touch setup and management. NuvoLinQ’s eSIMs come with a bootstrap (pre-installed and pre-configured) profile for easy setup and provisioning in the field, built on latest eSIM IoT standards through Kigen’s eIM solution. NuvoLinQ is also using BICS ‘SIM for Things’ platform for instant connectivity and a portal to manage and monitor devices. POS devices will connect via BICS’ IPX network, which is fully isolated from the public internet, further strengthening security.
“While manufacturers might associate IoT connectivity as a complex challenge, partnerships like this simplify the process significantly. Just as customers expect to pay with one tap, this solution means point-of-sale manufacturers can deliver reliable, secure connectivity to their devices via a single touchpoint.”
— Surash Patel, Managing Director of BICS
In North America, POS fraud increased by 27% last year. EMV regulation dictates that the banks and retailers may be liable for the cost of POS fraud if unsecure technology is utilized.
“Even advanced POS systems rely on swapping SIM cards to switch providers, leading to downtime and fraud risks. Kigen’s compact eSIM technology, with dual profiles and the Kigen IoT eSIM remote manager (eIM) solution, simplifies the secure connectivity businesses and consumers can trust.”
— Vincent Korstanje, CEO at Kigen
Ready to future-proof your POS connectivity? Whether you’re a payment provider, device manufacturer, or business looking for ultra-secure, always-on POS connectivity, our team is here to help. Get in touch today →