Smart Technology Solutions partners with Tailwind Solutions
11 February, 2009
category: Contactless, Financial
Smart Technology Solutions Limited (STS), a provider of smart card solutions, announced its partnership with Tailwind Solutions to provide contactless payment technology to retailers. Tailwind Solutions and Smart Technology Solutions along with Secure Retail are offering retailers a solution to roll out contactless card readers that enables them to capitalize on existing Chip and PIN investments without losing space at the point of sale.
By integrating the STS SmartNS framework retailers can take advantage of its EMV level 2 kernel, Emvelink, secure Chip and PIN transactions and also seamlessly accept contactless payments. By adding in the partnership with Tailwind and their unique PoS Paddle, the retailers can roll out contactless readers without having to compromise their point of sale space or change their existing Chip and PIN terminals.
Tailwind identified the barriers for retailers when it came to deploying contactless technology. Initially there were only two options available, either deploy a new Chip and PIN device with an integrated contactless card reader or have a separate contactless card reader sitting alongside the existing Chip and PIN device. Neither of these options are ideal for retailers as one does not utilize the investment in Chip and PIN equipment while the other takes up valuable counter space.
Tailwind’s PoS Paddle reuses the retailer’s existing investment in Chip and PIN and minimizes the use of counter space and provides a landing area for contactless cards.