No Wires!
Intellect Electronics, Inc., has introduced a wireless terminal that accepts credit, debit, and stored-value cards while supporting a wide range of payment applications and any smart card program.
If you're unfamiliar with Intellect, they are a subsidiary of Intellect Holdings, Ltd., an Australian company which produces smart card readers, electronic wallets, and mobile terminals which are available in 25 countries, including the U.S.
The new product is the Intellect 9770 terminal, which is inter-operable with existing store systems. The portable unit uses radio frequencies for transmission and is rechargeable. There is an integrated thermal printer, a magnetic card reader, and five chip card reader/writers in each terminal. Additionally, the terminal has expandable memory of up to 1MB.
"Intellect's universal payment terminal brings to the mobile retail market the ability to accept any type of electronic payment card and provide on-line and off-line transaction processing in a portable fashion," said Thomas G. Ream, president of Intellect Electronics, Inc. "Retailers such as street vendors, pizza deliverers, and home service providers can now go anywhere and do anything with the ability to accept all forms of electronic payments from a single terminal."
The 9770 is also available as a desktop unit that allows for connectivity to current store systems, with configurable modem or LAN modules and separate communications interfaces for bar code readers and scanners. For additional information about Intellect or the 9770, access http://www.intellect.com.au or watch your mail for the premier issue of GSQ: The Payment Systems Quarterly for even more information.
