DNA Oyj

Finland's first 3G payment terminals from Luottokunta and DNA

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Press release 24 September 2012
3G speeds are a new phenomenon in payment-terminal transactions, not only in Finland but across the whole of Europe too. 3G speeds up payment transactions by reducing the time required for card authentication, and in some cases this can be a fraction of what it was previously. Faster and easier transactions are possible with a payment terminal that has been brought to the marketplace by Luottokunta and is 3G-enabled and equipped with a DNA connection.

The provision of 3G payment terminals is a good example of the benefits of Luottokunta's service development taking place in Finland and of its familiarity with local conditions. The provision of new features was natural, because the mobile-network technology developed enables diverse service communication wirelessly in Finland.

Luottokunta selected DNA as its partner, because DNA has a strong track record in the provision of authenticated and closed data-communication connections for demanding conditions.

"We already have good experiences of DNA. In addition, the tools provided by DNA enable our customer services to operate more rapidly than before", explains Luottokunta's Vice President of Payment Terminal Business, Jukka Sippola.

Luottokunta's new payment terminal supports Near Field Communication (NFC) payment, which has become more prominent lately. NFC payment takes place wirelessly in the immediate vicinity of the payment terminal and the means of payment. NFC payment works with compatible payment cards and smartphones.

"It is great to be working with Luottokunta and offering businesses a more effortless and reliable service than before. DNA has the capabilities to offer every data-communications customer a solution designed to suit its exact needs, even very demanding requirements", states DNA's Vice President of Corporate Business, Jukka Leinonen.

The Ingenico IWL payment-terminal equipment supplied by Luottokunta is equipped with a colour display and a fast Dual Core processor. Luottokunta is responsible for the servicing of payment terminals and for remote updates. Data transfer with the payment terminals fulfils the PCI data security standards. As of today, they can be ordered from Luottokunta's customer services.

Further information:
Vice President, Payment Terminal Business, Luottokunta Oy, Jukka Sippola, tel. +358 9 6964 8239, jukka.sippola@luottokunta.fi

Vice President, Corporate Business, DNA Oy, Jukka Leinonen, tel. +358 44 044 3533, jukka.leinonen@dna.fi

Luottokunta Oy is Finland's leading card-payment service company, which develops and provides efficient card-payment solutions for banks, stores and businesses. In 2011, purchases totalling around 36 billion euros were paid for using Luottokunta's VISA and MasterCard cards. Luottokunta has 500 employees. Further details available from www.luottokunta.fi.

DNA Ltd is a Finnish telecommunications company offering high-quality voice, data and digital television services using the latest technology. DNA's customers include private customers, corporations and other organizations. In 2011, DNA recorded a turnover of EUR 728 million and an operating profit of EUR 51 million. DNA has more than 3 million mobile and fixed-line network customers. For more information, please visit www.dna.fi.

About DNA Oyj

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DNA on yksi Suomen johtavista tietoliikenneyhtiöistä. Tehtävämme yhteiskunnassa on yhdistää tärkeimmät. Tarjoamme yhteydet, palvelut ja laitteet koteihin sekä töihin ja pidämme näin huolta yhteiskunnan digitalisaatiosta. DNA:n asiakkaat ovat jo vuosien ajan olleet mobiilidatan käyttömäärissä maailman kärkijoukossa. DNA:lla on noin 3,7 miljoonaa matkaviestin- ja kiinteän verkon liittymäasiakkuutta. Yhtiö on palkittu lukuisia kertoja erinomaisena työnantajana ja perheystävällisenä työpaikkana. Vuonna 2024 liikevaihtomme oli 1 100 miljoonaa euroa ja yhtiössä työskentelee noin 1 600 henkilöä ympäri Suomea. DNA on osa Telenoria, joka on Pohjoismaiden johtava tietoliikenneyhtiö. Lisätietoa osoitteessa www.dna.fi, Facebookissa @DNA.fi, Instagramissa ja Threadsissa @dna_fi sekä LinkedInissä @DNA-Oyj.

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