Schlumberger's MagIC™ payment terminals can now process multiple applications including Visa Cash and Mastercard/Mondex, on a single, interoperable terminal.
MagIC terminals are equipped with an Application Manager, which allows a variety of applications, including credit, debit, loyalty, and other smart card applications, to operate securely on the same POS terminal. The Application Manager also allows the MagIC 3000 to connect with cash registersósuch as Sharp, Casio, and IBMóthrough the use of libraries. Its 4"x16" screen display and oversized buttons have the look and feel of a bank ATM, providing simple and rapid interaction with customers.
Xavier Chanay, general manager, Bank, Retail & Health, Schlumberger Smart Cards & Systems said, "Anticipated merchant demand for terminals that accept both Visa Cash and MasterCard/Mondex smart cards, as well as conventional credit and debit cards, requires secure interoperability."
The MagIC 3000 terminals are part of the New York Smart Card Program, an alliance between Citibank, Chase Manhattan Bank, MasterCard, and Visa U.S.A. For information about Schlumberger see the February issue of GSQ: The Payment Systems Quarterly.
