INSIDE and Dexit Enter a Multi-Year Master Supply Agreement for RFID Technology

Monday 27 December 2004 21:25 CET | News

INSIDE Contactless and Dexit have entered into a multi-year non-exclusive Master Supply Agreement for INSIDE’s radio frequency identification (RFID) technology.

Covering Dexit’s range of contactless consumer form-factors and the RFID reader technology built within Dexit’s point-of-sale (POS) terminals, the Agreement assures Dexit immediate access to at least 500,000 and as many as 1 Million contactless keyfobs at a preferred declining price. The first orders to be delivered under this Agreement include 50,000 keyfobs and an additional 1500 RFID couplers used in Dexit’s point-of-sale (POS) merchant solution, bringing the total number of Dexit devices available to be deployed to merchants to nearly 2,500, including those already installed. With this multi-year agreement, INSIDE and Dexit reaffirm their commitment to promoting contactless solutions worldwide and to ensuring interoperability between devices and services. Dexit recently joined INSIDEs sponsored IN-CLUB as a founding Gold Member. IN-CLUB is a non-profit industry association founded with members across all industry sectors including Contactless Payment, ID, Mass Transit, and the Mobile world.

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Categories: Payments & Commerce | Cards
Countries: World
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