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KeyPoint Offers Contactless Payment Strategy and Delivery Solutions

KeyPoint offers issuers, retailers, acquirers and mobile operators strategy and technology planning for contactless payments for debit, credit, prepaid and ACH payments.

Austin, TX (PRWEB) August 16, 2005 -- KeyPoint, LLC (http://www.keypoint24x7.com), an independent management consulting firm focusing exclusively on cards and electronics payments technology, announces their Contactless Readiness Assessments addressing the changing landscape of electronic payments for issuers, acquirers, retailers, operators and service providers. Contactless technologies are supporting credit, debit, pre-paid stored value and ACH transactions through the use of RFID 14443 for proximity payments worldwide.

KeyPoint’s Contactless Readiness Assessment assists companies in evaluating their services and platforms to determine what is needed to implement a contactless solution. KeyPoint help organizations answer difficult questions such as:

- Where to begin when there are so many business decisions to be made regarding strategy, products and systems?
- How will current credit, debit and prepaid products and systems be impacted?
- How will the organization and infrastructure need to change?
- What impacts will there be for future EMV mandates for chip and PIN?
- How is your competition addressing the market?
- What new business relationships should be considered?
- What future impact and opportunities will mobile devices, mCommerce and Near Field Communications (NFC) offer?

“KeyPoint is excited about delivering RFID contactless payment strategy, program development and delivery to the market” says Jeremy Drzal, Managing Principal. “RFID and contactless payments brings a wealth of new opportunities to the market. From payment and loyalty, to applications such as ticketing and tourism, we are seeing the market explode with interest at all levels.”

KeyPoint enjoys long term, repeat engagement relationships with many of the industry’s leading companies and developed the Contactless Readiness Assessment as part of the StartPoint® methodology, a template based solution process designed to jump-start projects, increase project performance, provide for consistency of results and ensure the accuracy of client engagements. The StartPoint® templates include advanced payment concepts and applications designed around best practices, core technologies, business sectors, and best-of-breed products. Our deep knowledge and hands-on experience enables customers to gain cost efficiency and a rapid head start on their payment related projects.

About KeyPoint

KeyPoint is an independent management consulting firm dedicated exclusively to the electronic payments industry. KeyPoint has an excellent worldwide reputation with over 450 customers in more than 50 countries delivering over 1,200 projects. Customers include issuers, acquirers, operators and processors plus a small number of other suppliers to the industry including system integrators, public accounting/consultancy firms, hardware manufacturers, software and service providers.

KeyPoint consultant’s average more than 15 years experience and are recognized industry experts in the application of strategy development, advanced payment concepts, processing architectures and technologies. Our expertise is leveraged to assist our clients in managing the challenges and opportunities of payments related transaction services. Specifically, we assist our clients with:
- Strategy development, planning and implementation
- Planning, analysis, design, selection and implementation of enabling payment technologies
- Definition and implementation of the applications and processes that strategically impact profitability
- Leveraging the industry best practices that improve service levels and operational efficiency
- Positioning our clients for growth and competitive advantage

For more information visit http://www.keypoint24x7.com or call +1.512.246.9301.

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Source :  http://www.prweb.com/releases/2005/8/prweb273099.htm