LESS IS MORE! 

THYRON LAUNCHES CONTACTLESS-ONLY PAYMENT TERMINAL

Thyron Systems Limited - a leading provider of payment solutions has launched a revolutionary handheld contactless-only portable payment terminal, the Contactless Payment Terminal (CPT). Contactless Cards are being enthusiastically embraced as a global new payment offering. As a means of payment, the contactless card provides a fast, secure and convenient alternative to low value cash purchases for the cardholder, ensuring reduced queues, quicker transaction times and faster throughput for the merchant. The CPT is designed for use in both countertop and portable environments. The terminal is ideal for accepting credit card payments under the Visa payWave and MasterCard PayPass initiatives which are currently being introduced in the UK as part of the planned global roadmap. The CPT is ideally placed as an upgrade mechanism to the existing market segments that have adopted EMV Chip and Pin. The cost effectiveness of the CPT will also attract new sectors that have not traditionally accepted card payments – particularly those where speed and convenience are essential.  Additionally a version of the CPT has been designed for use in the Vending Industry, thus allowing Vending Machine Operators to accept contactless card transactions as an alternative to cash payments.

A number of notable benefits to both Merchants and Cardholders include:

Cost effective: upgrade to accept contactless payments at  minimal cost

Adaptable: suitable for any payment environment supporting a full range of communication options

Flexible; stand alone or integrated with existing EPOS or EFTPOS hardware

Compact: Small footprint ideal for merchants with counter restrictions

Speed: Off-line transactions ensuring speedy transactions with optional receipt printing

Consistent: our modular architecture uses a similar user interface across Thyron’s product family offering choice and reliability.

Whether you need a mobile, fixed or integrated solution with or without contactless, Thyron’s CPT product line will undoubtedly meet all your needs. The CPT will be available in early 2008 and is the latest addition to the Company’s range of innovative payment solutions.