Tuesday, 21 January 2025
by BD Banks
J.P. Morgan Payments unveiled its first proprietary payment terminals, the Paypad and Pinpad, at NRF 2025 in New York City, signalling a new era in its ambitions at checkout.
These advanced devices aim to streamline the payment process by offering faster, smarter and more secure experiences while empowering consumers with flexible payment options.
“The launch of our highly innovative, proprietary payment devices is the natural next step in our commitment to transforming commerce,” says Jean-Marc Thienpont, Managing Director of Omnichannel & Biometric Solutions at J.P. Morgan Payments, underlining the strategic importance of these terminals.
“Merchants need frictionless solutions that not only enhance transactions but also build lasting brand loyalty.”
The Paypad and Pinpad are designed to securely accept multiple payment methods, including chip, contactless, swipe, QR code and biometric authentication.
With cutting-edge features such as facial and palm recognition, these devices provide enhanced security and a seamless, contactless experience.
The Paypad offers versatility as both a portable and docked device, suitable for use at a counter, restaurant table or anywhere in-store.
It features a large touchscreen, 5G connectivity and Wi-Fi 6 support, ensuring robust performance for dynamic retail and hospitality environments.
Meanwhile, the Pinpad, with its compact, splash-resistant design, is ideal for settings where space is limited.
Its physical keypad, built-in battery, and cellular connectivity make it a resilient solution across industries.
Joyce Chang, Chair of Global Research at J.P. Morgan, highlighted the importance of trust in payments: “As we navigate the future of commerce, we remain committed to executing transactions efficiently and securely.
Our innovative solutions are designed to transform the movement of money, information, and assets across the payments lifecycle.”
The Paypad will undergo pilot testing with select enterprise clients in retail, foodservice and hospitality sectors, followed by the rollout of the Pinpad later this year.
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