Trintech introduces wireless 'pay at table' Chip and PIN system
16 February 2004 | 5856 views | 0
Irish payments technology vendor Trintech has launched a wireless 'pay at table' chip and PIN option for restaurants and the hospitality sector.
Trintech's SmartPIN Link package integrates the wireless payment terminal with the POS. Staff initiate a card payment at the POS, pick up an available payment terminal and take it to the table to accept payment. This enables customers to enter their PIN at the table while retaining sight of their cards.
After capturing the card payment details, SmartPIN Link automatically routes the transaction to the bank through a dedicated card payment authorisation server. The system can also support receipt/bill printing at the table, process gratuities and provide a cash back facility as part of a single Chip and PIN tendering process.
Eamon Keating, general manager of Trintech's retail division says: "While many retailers are already implementing Chip and PIN, the hospitality industry has been slow to invest in the migration because of the complexity of a 'pay at table' solution."
The package is being launched as the UK banking industry prepares to embark on a £10 million-plus advertising campaign promoting the benefits of a national migration to Chip and PIN payments. Operating under the slogan 'safety in numbers', the Saatchi-devised TV and print campaign aims to educate and familiarise consumers with the new payment method, under which cardholders authorise transactions with four digit PIN entry rather than signatures at the retailer point of sale.