Thyron Systems announce the release of “Chip&SIM” the instant, hassle free Chip and PIN certified solution for Retailers

London, U.K, 7 th June 2004 - Thyron Systems, the specialist provider of terminals and applications for secure mobile and portable card transactions are unching an exciting new solution for Chip and PIN card payments at Retail Solutions held at the NEC Birmingham, from 8 th to 10 th June 2004.

“Chip&SIM” is an out of the box solution for any retailer that requires accredited Chip and PIN solutions, that demand mobility, portability, ease of integration and fast transaction times for their EFT card processing.

At the heart of the “Chip&SIM” is Thyron’s PayCell ® MPT500 payment terminal that connects to the Banking authorisation systems across fast wireless networks such as GPRS. “Chip&SIM” provides a level of flexibility with regard to the retailer areas that it could be deployed in, but more importantly using packet data networks such as GPRS, transaction times are equivalent to X:25 integrated solutions that exist today.

The PayCell ® MPT500 is one of the smallest, lightest, portable transaction terminals of it’s type in the market place. With exceptional battery performance, it is at home used in mobile payment applications, pay-at-table scenarios in Hospitality, or fixed to specially designed stands in normal retail outlets. Because it is wire free the “Chip&SIM” solution provides total flexibility in terms of deployment in any retail outlet and can be moved easily into any point of sale area quickly to facilitate any operational requirements for card processing.

By adopting “Chip&SIM” any retailer wanting to migrate quickly to Chip and PIN can be assured of a quick solution that can be non-integrated. The same hardware can then be utilised later on to fully integrate to their Epos hardware when time and budgets allow. This way the retailer is assured of meeting the January 2005 compliance date, but can adopt a migration path to a fully integrated solution later.

Press Contacts:
Salma Bhad
Tel 01923 296653

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