International Chip and PIN for IBM 4690 point of sale

Wednesday, June 24, 2009

Canadian based solution provider, STJ Retail, have launched EFT Plus International(TM), a smart card application framework especially designed to work in the IBM 4690 environment. EFT Plus International(TM) utilises the STS SmartNS solution which also incorporates a comprehensive suite of application modules, allowing users to accept Chip and PIN and contactless payments among others. In addition it gives merchants access to over 30 PIN pads and is deployable globally.

EFT Plus International(TM) is a software only solution that has been specifically designed for the IBM 4690 operating system. Unlike other solutions currently available in the marketplace, EFT Plus International(TM) retains the security and redundancy of the 4690 environment and does not require any hardware modifications or additional wiring. Implementation in this environment requires limited customisation and the entire solution can be delivered as a turnkey offering from STJ Retail.

With this new product, 4690 retailers with multinational operations can deploy a single payments solution in order to address the unique EMV requirements of a wide variety of countries. Implementing a common solution across multiple geographies will substantially reduce support fees, maintenance, training and other operational costs associated with retail payments.

Dave Mahr, Senior Director of STJ Retail explains "The solution is a combination of collective wisdom and unique technologies. STS provide a big part of this having over 120,000 SmartNS and Emvelink installations across Europe, North America and Asia. We are delighted to incorporate this proven solution into EFT Plus International(TM) to enable 4690 retailers to implement a global payments solution using the latest and most secure technologies while laying the foundation for future payments opportunities"

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