Paris/Jena, 24 November 2016: Germany based siOPTICA and France based Yello enter into a business agreement whereby Yello will exclusively integrate siOPTICA technologies in payment terminals with 7” screens. Under this agreement, the YelloPad, which is the next generation retail point of sale platform, will benefit from siOPTICA’s advanced solutions for PIN shielding during PIN entry and other secure in store transactions. Additionally, thanks to the switchable privacy functionality, the YelloPad will offer free viewing experience at any angle when no secure transaction is carried out.
Dr. Markus Klippstein, CEO of siOPTICA, says: “Making payment processes more secure is beneficial to every user in retail environments. We are very excited to work with Yello in order to deliver cutting edge technologies inside the YelloPad which addresses a healthy growing market with a whole bunch of innovative features”.
Mike Ausems, co-CEO and co-Founder, Yello, says: “The YelloPad was developed as the ideal platform from which to offer value added services during the checkout process and we are delighted to be working with siOPTICA to make sure that PIN entry at point of sale is a secure and seamless process for increased consumer satisfaction and protection”.
Daniel Maurice-Vallerey, co-CEO and co-Founder, Yello, adds: “With the siOPTICA PIN on glass optical shield, consumers can type their PIN codes directly on the YelloPad 7” touch panel with the required protection from a security shield, as specifically required by the northern European local payment protocols (ZKA Germany, PAN NORDIC CARD-ASSOCIATION Scandinavia) and PCI PTS for large screens”. There is no other technology that offers this combination of security and convenience”.
Starting in April 2017 YelloPads with the siOPTICA technology will be gradually rolled out to acquirers and merchants.
siOPTICA develops and sells ground breaking display solutions for visual privacy on demand. The company offers its customers in the banking, payment, automotive and consumer electronics industry technology licenses, key components and displays with integrated switchable privacy functionality.
For more information go to http://www.sioptica.com
Yello is a technology company dedicated to delivering the new generation of payment terminals: secure, simple, powerful, open, with universal payment acceptance and at an affordable price. With its game-changing architecture and applications, YelloPad is perfect for both fixed and mobile usage. YelloPad is designed for a wide range of industries including retail, hospitality and healthcare.
YelloPad brings marketing and payments together for the first time in a single, portable, tablet device benefiting acquirers, retailers and customers.
Sold by Europe’s leading acquirers, and online at www.yelloco.com, to help merchants deliver an improved customer experience and increased sales.
Yello was founded in 2015 by payments industry experts Daniel Maurice-Vallerey and Mike Ausems. Yello lead investor is Philippe Menier.
For more information go to http://www.yelloco.com