2nd July 2002 

Thyron Technologies Limited, one of the world's leading suppliers of secure mobile payment solutions, has undergone an Ownership and Management change to secure it’s number one position in the mobile point of sale market place.

Formed in 1989, Thyron was an early pioneer in Smartcard technology, and rapidly became recognised as a leading supplier of smart and magnetic card terminals. Today, the company is the world-leader in the supply of Mobile Point of Sale terminals, with a client base which includes names such as Lloyds, Barclays and Vodafone.

The new management team believe that the demand for hand held mobile payment terminals represents a major growth opportunity worldwide.

With the new investment and commitments to Thyron’s research and development programs, we are now better placed to address the new market requirements for state of the art mobile Chip and PIN technology solutions - says Thyron’s Director of Technology, Kalim Qureshi.

Thyron’s PayCell Terminal is EMV Level 1 and Level 2 approved and boasts network communication independence.