Wincor Nixdorf presents the world’s first SEPA-compliant checkout

Published: 22 January 2009 y., Thursday

 

Wincor Nixdorf is moving toward the new European standard EPAS (Electronic Protocols Application Software), which is now available as part of the introduction of SEPA for integrating cashless payment solutions in checkouts. In this context, the company is presenting the world’s first SEPA-compliant POS system at its international in-house trade show, Wincor World. In an innovation showcase, Wincor Nixdorf is demonstrating the BEETLE /M-II with the POS application TP.net, which is equipped with the EPAS Retailer Protocol. This interface standard, which was created as part of the introduction of SEPA in Europe, specifies the protocols for cashless payment solutions. The EPAS standard consists of three parts: a retailer protocol, an acquirer protocol and a terminal management protocol.

EPAS is the basis for standardized integration in SEPA (EU and EFTA countries) of cashless payment systems in retailing and the service station sector. In the long term, it will replace the wide range of different interfaces currently used in Europe.

The EPAS standard not only enables quicker and easier integration of traditional card-based payment solutions on a standardized platform, but also allows links to innovative technology and payment methods, such as mobile payment, biometrics and NFC (near field communication) solutions.

Since the beginning of 2006, more than twenty European companies active in the field of cashless payment solutions and services have been involved in formulating the EPAS specification.
As a founding member, Wincor Nixdorf has been working from the outset on the standardization of EPAS as part of the European project team. With its Open Payment Initiative (O.P.I.®), the company has already proven that it can develop and establish standards in this arena. One of the goals of this initiative was to standardize the interface between the POS application and payment solution. This offers international retail and oil companies investment security and cuts the cost of integrating solutions for handling cashless payment transactions in IT landscapes.

Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

Samsung Galaxy Z

A new smartphone from Samsung has been announced by Three in Sweden, the Samsung Galaxy Z. more »

MySpace sold to Specific Media

News Corporation has sold its ailing social networking site MySpace to online advertising firm Specific Media. more »

Microsoft presents new Office 365

Microsoft CEO Steve Ballmer promoted company‘s new cloud product Office 365at an event in New York City. more »

SoftStep KeyWorx multi-touch foot controller

Most folks do work with their hands, but what about your feet? more »

Double Research & Development from Manipulator

Company Double Research & Development has developed a new input device that can sense motion and pressure of the fingers. Manipulator "amenbo" find its use in applications requiring detection of users using their hands. more »

British Library makes Google search deal

Thousands of pages from one of the world's biggest collections of historic books, pamphlets and periodicals are to be made available on the internet. more »

Alibaba splits Taobao, China's biggest retail website

Chinese internet giant Alibaba has announced that it is reorganizing one of its websites, Taobao, into three separate units. more »

Facebook hires former Clinton press secretary

Mr Lockhart, who joins Facebook next month as Vice President of Global Communications, represents the company's latest move to enlist Washington insiders. more »

Facebook Valuation Nowhere Near $100 Billion

Facebook is planning an IPO that could value the company at as much as $100 billion, according to CNBC sources. more »

Interactive 3D dashboard map the future of navigation

Audi and MIT's SENSEable City Lab have teamed up to design the car navigation system of the future - a 3D display that will sit on the dashboard. more »