Electronic cards, such as credit and debit cards, are widely used for all methods of payments within retail stores. Every successful purchase is dependent on the availability of secure data communication to contact the acquiring bank with a request for a transaction. For this purpose, mobile networks are a viable option.
Using the O2 network, a number of businesses have successfully deployed secure card payment systems where this service was previously unavailable. Typical examples include taxi services, restaurants, fairs and markets and services provided by professionals e.g. electricians, plumbers. Portable terminals with mobile data capabilities allow the processing of card payment transactions at virtually any location with a maintained level of security.
Mobile communication technologies also facilitate remote device management through functions such as over the air distribution of firmware upgrades to terminals.
O2 have partnered with Thyron Systems Limited to provide this service.
Benefits
- Flexibility in terms of the installation sites as point of sale terminals are not constrained by the need to connect with fixed cabling.
- If the primary communication link fails, the cellular network works as a back up or an alternative means of communication.
- Allows cashless transactions to take place in new environments
Thyron
Since 1989, Thyron Systems has transformed innovative and first to market technology into market leading payment solutions that have been adopted extensively across all markets and all scale of enterprises. Thyron has a proven leadership position in the European Mobile Payment Market.
Key areas of business:
- Innovative Mobile Payment solutions designed for the Retail, Hospitality and Transportation Industries.
- Best in class product performance.
- Customer centric 24X7 support services.
- First to market Integrated Contactless Mobile solution.
- Extensive Irish and UK based customer portfolio.
Why partner with O2?
Thyron Systems selected O2 to provide secure GPRS services for its range of wireless handheld payment card terminals.
Future areas of Innovation and Research & Development
- Significant series of product launches currently being implemented.
- Delivery of most secure and trusted products.
- Working with Acquirers and Resellers to ensure that required technologies can be implemented with ease.
- Working with O2 Ireland on latest innovative GPRS, EDGE and 3G solutions.
For further information, visit www.thyron.com
