STRATEGIC PARTNERS
October 19, 1999
ATLANTA and TORONTO -- IVI Checkmate Corp. announced that Scotiabank will be the first Canadian financial institution to deploy a smart card capable PIN pad throughout Canada. All new shipments of Scotiabank's 2020 and 2020 Lite POS terminals (IVI Checkmate's eN-Counter 2000 and eN-Counter 400 terminals) will include IVI Checkmate's eN-Crypt 1200 PIN Pad. The eN-Crypt 1200 PIN Pad has all the security features of the current IVI Checkmate PIN pad Scotiabank is using and includes the ability to accept smart cards. "This is an excellent opportunity for Scotiabank to implement tomorrow's technology in a seamless manner. It will provide a familiar customer interface (PIN pad) today with the capability of handling tomorrow's smart card based transactions, loyalty programs, electronic gift certificates and more," said Barry Thomson, president and CEO of IVI Checkmate. "By switching over to these PIN pads today, we are protecting our merchants' future by ensuring they have the first smart card capable PIN pads and are ready to accept some of the new smart card applications under development," said Albert Wahbe, Scotiabank's executive vice president, Electronic Banking. T
