Dione leads the way in India with M-TIP The Worldwide MasterCard/Maestro Terminal Implementation Pro

Wednesday 7 April 2004 00:48 CET | News

MasterCard International, which launched its MasterCard/Maestro Terminal Implementation Programme (M-TIP) last week, has chosen a turnkey solution developed by Dione, in close association with NCR, for deployment throughout India.

The Dione solution is a total package that can be replicated from country to country; this offers best in class terminal and applications technology with minimal investment by acquirers, low cost of ownership plus full service and merchant support. More importantly the platform has been designed to enable swift deployment wherever MasterCard requires rapid acceptance growth. The chosen hardware is the Dione Xtreme, an EMV level 1 and 2 (EFTPoS) payment terminal complete with integral modem and printer. Designed as a compact counter-top solution it can read magstripe and chip cards, is fully PIN enabled and approved to global offline PED (PIN Entry Device) standards. India, where the use of payment cards is increasing fast, is the first market for Dione and NCR within this programme. MasterCard members are expected to issue over 5 million new Maestro debit cards in India during 2004 adding to nearly 500 million already issued around the world. In addition to the Xtreme, Dione has launched a new portable payment terminal, the Xplorer, which has opened up endless new possibilities for mobile Point of Sale location. The Xplorers Bluetooth wireless capabilities are of particular interest in markets such as India, where GSM mobile networks predominate.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce