Market Overview

Worldnet Launches GoChipNow to Deliver "Plug and Play" EMV® Solution


-New solution delivers a super-fast EMV® solution to allow merchants
to easily and affordably migrate from mag stripe to chip payments-

a leading international provider of omni-channel payment
solutions, has introduced GoChipNow, a "plug and play" solution for
virtual terminal merchants who want to upgrade to EMV®.

The GoChipNow Solution makes it simple for anyone who previously
purchased any magnetic stripe reader (MSR) devices to upgrade to
chip-enabled EMV®. The solution provides a "plug and play" process that
is as simple as unplugging the MSR device and plugging in the EMV®
device. Users can then log into the Worldnet browser-based virtual
terminal to start accepting EMV® payments without having to install and
upgrade software or purchase expensive hardware.

"For many merchants, the biggest obstacle to moving from mag stripe
payment terminals to the more secure EMV solutions has been the cost and
hassle of buying and installing new hardware," said John Clarke,
Co-founder and Head of Product Innovation. "GoChipNow takes that pain
away with a ‘Plug and play' solution to easily make the shift to EMV

The device is also backed by Quickchip technology that creates a
super-fast, seamless and secure EMV® transaction in just one second.
GoChipNow is an inexpensive solution that results in less fraud, lower
chargeback liability and acceptance of all major card types without a
need for a complex POS (point of sale) terminal solution.

Worldnet have partnered with ID TECH, a leading designer and
manufacturer of a wide range of payment hardware to incorporate
GoChipNow into ID TECH's line of Augusta devices, including the August S
(SRED) for merchants who require P2PE validated solutions.

"At ID TECH we pride ourselves in delivering the most secure, quick and
cost-effective hardware solutions," said Bill Rorick, VP of Business
Development at ID TECH. "With our hardware and Worldnet's advanced
software technology, we now provide a low-cost, plug and play device to
deliver a robust EMV® solution to virtual terminal merchants. It is one
of the smartest and fastest Quickchip solutions on the market."

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: +1 470 372 1601

About ID TECH:

ID TECH is a world-recognized leader in the design and manufacture of
secure payment solutions, ranging from PCI-certified PIN-entry devices,
state-of-the-art contactless/NFC payment devices to EMV and Magstripe
readers. For more than 30 years, ID TECH has built a reputation based on
technical excellence, innovation, and a commitment to superior customer
service. Headquartered in Cypress, California, USA (with additional
engineering centers in Fremont, California, Shanghai, China and Taoyuan
City, Taiwan), ID TECH is an industry leader in delivering payment
solutions across the globe.

For more information about ID TECH, please call 1-800-984-1010 or visit

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