DUBLIN, Ireland, Aug. 31, 2004 (PRIMEZONE) -- Trintech Group Plc (Nasdaq:TTPA) (Prime Standard: TTP), a leading provider of transaction management and payment infrastructure solutions, today announced that Debenhams, the UK's favourite department store, will deploy Trintech's total smart card solution suite to facilitate the acceptance of Chip and PIN transactions.
Trintech's bank-accredited Smart 5000 PINPads, SmartPIN Software Developers Kit (SDK) and Estate Management System (EMS) have been selected to provide Debenhams with all the technology required to migrate to smart cards.
Debenhams is committed to providing a complete customer solution that is easy to use. A pilot scheme is currently underway in six stores. Full roll out of over 4,000 Trintech Smart 5000 PINPads to 104 retail outlets across the UK and the Republic of Ireland is due to be completed by the end of October. Such technical developments and rollouts need to be implemented smoothly and with minimum impact upon the service provided.
Debenhams selected Trintech's Smart 5000 PINPad because of its ease of use and its aesthetic appeal, as well as its ability to integrate with their existing NCR and Anker POS solutions. The Smart 5000 also has one of the highest chip transaction processing speeds in the industry. The SDK helps reduce the technical effort required to integrate and test the end to end solution within Debenhams' NCR and Anker POS environment and the EMS will provide an easy method to manage future updates across the deployed PINPad estate.
Trintech's Smart 5000 incorporates a single slot 'hybrid' card reader that reads both magnetic stripe and new chip card types. Debenhams were keen to opt for a hybrid reader to avoid confusion and disruption for customers and staff at the point of sale.
"Debenhams required a total Chip and PIN solution that would effectively dovetail with their existing EFT solution and gift card program," says Eamon Keating, General Manager of Trintech's Payment Division. "We will continue to work closely with Debenhams during the pilot scheme and support them in their overall Chip and PIN roll out to stores across the UK and Ireland."
About PayWare Smart 5000
Building on over a decade's experience of delivering high security terminals, Trintech's new PayWare Smart 5000 is an EMV certified terminal that can be used in any type of POS system. It is an ideal device for EMV upgrade of integrated multilane Electronic Point of Sale systems. Smart 5000 is based on Trintech's innovative OpenPay architecture consisting of a fast and powerful ARM processor and open source operating system (Linux). This means that Smart 5000 has one of the highest chip transaction processing speeds in the industry and is an ideal terminal for applications such as loyalty.
About Debenhams
Debenhams is Britain's favourite department store. With 104 stores across the UK and Republic of Ireland, and an e-commerce website also provides alternative shopping facilities. We are committed to offering our customers greater value, a wider choice and excellent service across every area in which we trade.www.debenhams.com
About Trintech
Trintech is a leading provider of transaction management and payment infrastructure solutions to financial institutions, payment processors, enterprise retailers and network operators globally. Built on 17 years of experience, Trintech's solutions manage each area of the payment transaction cycle from authentication, authorization, settlement, dispute resolution and reconciliation - enabling its customers to reduce transaction costs, eliminate fraud, minimize risk, maximize cashflow and increase profitability. Trintech can be contacted in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: +353 1 2074000), in the US at 15851 Dallas Parkway, Suite 855, Addison, TX 75001 (Tel: +1 972 701 9802), and in the UK at 186-192 Darkes Lane, Potters Bar, Hertfordshire, EN6 1AF (Tel: +44 (0) 1707 827000). www.trintech.com.