Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search

 


Cadmus Targets Australian Bank Channel with EMV

MEDIA RELEASE
FOR IMMEDIATE RELEASE

Cadmus Targets Australian Bank Channel with EMV terminals

Payment solutions company, Cadmus Technology Limited (NZX: CTL), today announced it has achieved a new certification from global payment services company, First Data.

The certification is an important strategic win for Cadmus as First Data is a leading provider of electronic payments processing services. The win allows Cadmus EMV and TripleDES enabled terminals to be deployed to merchants across Australia. Further, it is likely to open the door for Cadmus Technology in other larger geographies.

“This is an important certification for Cadmus,” says Cadmus’s Director of International, Sales and Marketing, Pat McCammon. “It is an endorsement of our technology from an established global payments certifier – which will initially enable us to deploy more terminals and increase our market presence across Australia. It also opens up a number of new international market opportunities to rollout our Cadmus terminals with EMV and TripleDES functionality.”

Adds McCammon: “It confirms that our company continues to meet the stringent international Smart Card standards – including the recently adopted EMV standard.”

The global adoption of the EMV standard is a main focus Cadmus Technology, given the total replacement market is estimated at 40 million units, or approximately 6.9 million units per annum.

Cadmus Technology is the sole New Zealand manufacturer and exporter of payment terminals and targets global markets as well as replacement opportunities in its existing customer base.

ENDS

About Cadmus Technology

Cadmus Technology Limited (NZX: CTL) designs, develops and implements innovative point-of-sale payment solutions for merchant businesses worldwide. The company is New Zealand’s largest manufacturer and exporter of payment terminals, with an increasing customer base developing internationally. The company offers payment and data management solutions, including EFTPOS and data capture terminals, loyalty programs and customer relationship management solutions. Cadmus also provides end-to-end payment solution and data management services for retail, business payment and transactional processing requirements.

Clients include Bank of New Zealand, TAB, Wellington Combined Taxis, Bartercard Australia Pty Ltd, On-Q Business Systems Pty Ltd, eScience Systems Malaysia, Paysys (M) SDN BHD, Coles Myer Australia, Caltex Australia, Harvey Norman Australia, Bi-low, Priceline and Franklin's.

For more information, please visit www.cadmustechnology.com

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Sci-Tech
Search Scoop  
 
 
Powered by Vodafone
NZ independent news