Just when I ruminate on how the lack of supporting infrastructure can hamper the adoption of groundbreaking technology such as contactless payment, SkyeTek, Inc. comes out with the news that the M2 HF SkyeModule now offers support for contactless payment, consumer loyalty, and patron management applications. The M2 can be used in cash-operated systems such as vending machines, appliances, parking meters, turnstiles, etc., and can also be embedded into point-of-sale (POS) terminals.
M2 uses SkyeTekâs Advanced Universal Reader Architecture (AURA) to allow seamless integration into payment environments. It supports secure contactless payments via MasterCard, Visa, American Express, and Discover, and interfaces with payment applications through ReaderWare, which allows software to be upgraded to a future tag and also provides security protocols through an abstraction layer.
The module costs $60, and is available to OEMs, systems integrators, and distributors as reader modules or ReaderWare software licenses.
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