Bluefin and Sunmi Announce Industry Partnership for Next-Generation Payment Devices

Press Release from Bluefin Payment Systems

Companies forge a collaboration to provide Sunmi's Android-based mobile and point-of-sale devices to Bluefin clients

ATLANTA, and SHANGHAI, China, Sep. 20, 2022 /PRNewswire-PRWeb/ -- Bluefin, the recognized integrated payments leader in encryption and tokenization technologies that protect payments and sensitive data, has announced an industry partnership with commercial hardware manufacturer Sunmi.

Sunmi provides intelligent IoT devices and integrated solutions combining software and hardware to empower business owners. The company's products and solutions are used by more than 1.5 million merchants globally and the SUNMI App Store has become the world's largest commercial App store, with over 10,000 commercial Apps available.

Bluefin is the leading provider of PCI-validated point-to-point encryption (P2PE) solutions, with over 100 payment devices certified for P2PE, 16 partner key injection facilities (KIFs) and the only 100% online management system, P2PE Manager®, for device chain of custody, tracking and attestation. Bluefin provides P2PE and the company's tokenization platform, ShieldConex®, direct through its product suite and through its network of 200 global partners.
atThrough the partnership, Bluefin will work to certify Sunmi's smart payment terminal line including the P2, P2 PRO, P2 Mini, and the P2 SMARTPAD. The SUNMI P series includes versatile products that can be used at a checkout counter or in hand and support omnichannel payment capabilities, including contactless, chip & PIN, NFC and QR code.

"The state of retail has changed drastically in the last 10 years. Consumers want to be able to pay 'where they are,' whether that is at a table in a restaurant or in a store aisle," said Tim Barnett, Bluefin's CIO. "But at the same time, they expect to be able to tap their card and go or pay with a QR code. Merchants today need wireless devices capable of functioning as electronic POS terminals or cash registers. Adding Sunmi's flexible payment terminals to our listing of P2PE devices will enable Bluefin to meet demand for next-generation payment acceptance."

According to Vantage Market Research, the Global Smart Mobile POS Market stood at $3.5B in 2021 and is projected to reach $14.9B by 2028, a CAGR of 27.40%.

"At SUNMI we put the concept of "Power Retail Transformation" at the core of what we do. We are excited to partner with Bluefin to be able to deliver highly functional payments solutions that are both affordable and secure. Solutions that were previously only accessible to Tier 1 and 2 retailers, such as BNPL, QR, loyalty and digital marketing, as well as niche applications, are now within reach of small to medium-sized businesses," said Mike Morris, VP Payment Solutions, Sunmi. "We look forward to partnering with Bluefin, the leader in PCI-validated encrypted payments, to bring our payment terminals to their large base of healthcare, higher education, government and retail clients."

About Bluefin

Bluefin is the recognized integrated payments leader in encryption and tokenization technologies that protect payments and sensitive data. Our product suite includes solutions for contactless, face-to-face, call center, mobile, Ecommerce and unattended payments and data in the healthcare, higher education, government and nonprofit industries. The company's 200 global partners serve 20,000 enterprise and software clients operating in 47 countries. For more information, visit https://www.bluefin.com/.

About Sunmi

SUNMI is leading the move to Android for business digitization solutions through attractive intelligent hardware and a full software ecosystem. Focusing on R&D and innovation, SUNMI product lines include Payment and Mobile Terminals, POS, Kiosks and Network & Video Analytics and are recognized by customers for their quality and design. SUNMI's products and solutions have been successfully implemented in retail, food & beverage, healthcare, services and other businesses large and small, empowering clients in more than 150 countries. Learn more at http://www.sunmi.com.

Media Contact

Danielle Duclos, Bluefin, 8006756573, press@bluefin.com

SOURCE Bluefin

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