Market Overview

Worldnet Deploys Quickchip to Deliver 'One Second' Chip Transactions


Worldnet partners with IDTech to deliver ‘Quickchip', providing
cardholders with rapid Chip transactions at point-of-sale (POS).

a leading international provider of omni-channel payment
solutions, has incorporated Quickchip into its ‘GoChip' range of robust
POS payment products to deliver a ‘one second' Chip card transaction
which is secure and seamless for the cardholder and delivers increased
protection against fraud for the merchant.

Deployment of Quickchip technology is a key enabler for merchants to
migrate from their existing MSR POS devices to low cost Chip-based
solutions which deliver increased protection against fraud and deliver
super-fast, secure and seamless transactions for their customers.

"Our objective here at Worldnet is to provide payments solutions that
are super-fast, secure and a positive experience for the consumer at
point-of-sale," said Will Byrne, Co-founder and CEO of Worldnet. "We're
delighted to announce the integration of Quickchip technology to our POS
product range in partnership with IDTech. Deployment of Quickchip
minimizes transaction time for consumer, delivers increased security and
reduces exposure to fraud for the merchant."

About Worldnet TPS Ltd.

Worldnet is a leading provider of enterprise grade Omni-channel Payment
Platform solutions to an established base of international corporate
clients in North America and Europe. Worldnet provides Gateway Partners,
ISVs and POS hardware providers with a secure, fully-hosted, "Payments
as a Service" solution, incorporating a wide range of pre-certified
Chip-enabled applications for POS, mPOS, mobile and tablet-based

For more information, visit,
or call (+1) 646-741-2254.

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