Jabil, a global manufacturing services company, has formed a partnership with digital bank Revolut to support its expansion in merchant acquiring. This collaboration includes the introduction of the Revolut Reader, a portable device designed for merchants to process various types of payments.
The Revolut Reader is a compact device that accepts chip, PIN, and contactless payments from major credit card companies and mobile payment services like Apple Pay, Google Pay, and Samsung Pay. It provides quick, secure transactions and supports over 150 currencies, making it suitable for small to medium-sized businesses.
This device adheres to EMV, PCI, and other local and international security standards, ensuring compliant and secure operations. Its efficient performance allows for swift transaction processing. The Revolut Reader is user-friendly, with easy setup and a straightforward interface.
Jabil has provided Application Programming Interfaces (APIs) and a Software Development Kit (SDK) for integrating the Revolut Reader with existing Point of Sale (POS) systems. The manufacturing scale-up of the device is underway due to growing demand.
Alex Codina, Revolut’s General Manager of Merchant Acquiring, acknowledged Jabil’s pivotal role in the product’s rapid development and market launch. Jabil’s payment industry expertise and comprehensive capabilities in product design, testing, and certification were crucial in creating this unique offering for Revolut’s business customers.
Mauricio Ferreira, Jabil’s Senior Director of Point of Sales in the Digital Commerce business unit, emphasized the focus on user experience and meeting Revolut’s
specific design objectives for the device, including screen and touchpad functionality. Jabil’s comprehensive services in product design, engineering, development, supply chain, and manufacturing provided a holistic solution for Revolut’s needs. Ferreira looks forward to furthering the partnership with Revolut, suggesting ongoing collaboration for future developments and enhancements aligned with Revolut’s product strategy.