Category: Uncategorized
- Published: 29 November -0001
MasterCard International, which last week announced the global launch of its MasterCard/Maestro Terminal Implementation Programme (M-TIP), has chosen a turnkey solution developed by Dione, in close association with NCR, for deployment throughout India. The Dione solution is a total package that can be replicated from country to country; this offers best in class terminal and applications technology with minimal investment by acquirers, low cost of ownership plus full service and merchant support. More importantly the platform has been designed to enable swift deployment wherever MasterCard requires rapid acceptance growth.
The chosen hardware is the Dione Xtreme, an EMV level 1 and 2 (EFTPoS) payment terminal complete with integral modem and printer. Designed as a compact counter-top solution it can read magstripe and chip cards, is fully PIN enabled and approved to global offline PED (PIN Entry Device) standards.
India, where the use of payment cards is increasing fast, is the first market for Dione and NCR within this programme. MasterCard members are expected to issue over 5 million new Maestro debit cards in India during 2004 adding to nearly 500 million already issued around the world.
In addition to the Xtreme, Dione has launched a new portable payment terminal, the Xplorer, which has opened up endless new possibilities for mobile Point of Sale location. The Xplorer’s Bluetooth wireless capabilities are of particular interest in markets such as India, where GSM mobile networks predominate.
Commenting on Dione prospects, Andrew Dark, Sales & Marketing Director at Dione, said. “The Mastercard M-TIP programme, global EMV adoption led by the UK and the unprecedented demand for our new Xplorer portable terminal will see Dione build further on 2003 which was a year of record growth for the company. We fully expect to continue breaking our own records during 2004 and 2005 through the introduction of new managed service offerings and additional market leading products.”
About Dione
Dione is the world’s fastest growing supplier of smart card based payment systems with annualised growth currently over 50%. It is the leading supplier of EMV payment solutions in the UK and is the primary supplier to many of Europe’s largest acquiring banks. New product innovation and managed service provision provide Dione’s customers in all parts of the world with superior value for money.
About MasterCard International
MasterCard International is a leading global payments solutions company that provides a broad variety of innovative services in support of our global members’ credit, deposit access, electronic cash, business-to-business and related payment programs. MasterCard International manages a family of well-known, widely accepted payment card brands including MasterCard(R), Maestro(R) and Cirrus(R) and serves financial institutions, consumers and businesses in over 210 countries and territories. The MasterCard award-winning Priceless(R) advertising campaign is now seen in 96 countries and in 47 languages, giving the MasterCard brand a truly global reach and scope. For more information go to www.mastercardinternational.com.
Reader enquiries, please contact:
Steve Green, Dione plc, Dione House, Oxford Road, Stokenchurch, High Wycombe, Bucks, UK
HP14 3SX
T: +44 (0) 1494 486000
F: +44 (0) 1494 486050
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Web: www.dione.co.uk
Editorial enquiries, requests for photos etc, please contact:
William Allbrook
T: +44 (0) 1666 826641
F: +44 (0) 1666 824668
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
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