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A Thing



An Aussie solution in a small package

Product: Keycorp K23 Terminal
Company: Keycorp Limited

Keycorp's K23 Terminals are many a merchant's best mate (friend) in the land down under (Australia); they're gobsmacking (astounding) the Canadian market right now; and Keycorp Limited, headquartered in Sydney, hopes the tall poppies (successful people) who attend the Electronic Transactions Association's (ETA) April 2006 annual meeting in Las Vegas will give them a burl (try them out).

Australian slang aside, Keycorp Canada has just launched the company's new K23 Terminal in the North American market. It is a high speed Internet protocol (IP) solution already being deployed at small and medium retailers throughout Canada by Collective Point of Sale Solutions, Canada's leading provider of payment processing services and secure POS options.

The K23's compelling features are its speed, tight security, easy integration and cost-effectiveness, all packed into an award winning, ergonomic design. Keycorp reported that its K23 Terminal IP solution can process transactions in less than five seconds, compared to 10 to 20 seconds with a standard dial-up network. This means more efficiency for retailers and shorter waits for customers.

The K23 Terminal's use of Secure Sockets Layer (SSL) encryption means that transactions are secure without the use of third-party encryption.

The product includes both IP and dial-up capabilities, but the fact that it does not require a dial-up connection means it can be one of several devices on a high-speed broadband line, eliminating a merchant's need for multiple phone lines. The terminal can run on DSL cable, wireless modems as well as an Ethernet interface connected to local area network.

A key design innovation is that the modem/printer is separate from the PIN pad, so the terminal is small enough to be handheld. And that's no porky (lie).

Keycorp Canada
905-265-9196
www.keycorp.ca

Article published in issue number 060401

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