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More Info →Kevin Low, PEC at Marton, Part 2 - Manawatu Conversations

Broadcast on Manawatu People's Radio, 7th December 2021.  Part 2 of 2. PEC development of EFTPOS (electronic funds transfer at point of sale), at first in petrol pumps perhaps in the late 1980s. Expansion into shops by others. Security systems, card access. Major users here and overseas (Massey University, London Underground). Security division purchased by Gallagher Engineering, Hamilton. Conferences and expos, industrial espionage precautions. Process of product development. 35-40% of expenditure on R&D (eventually about 200 R&D staff).  

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Object type
Audio
Title
Kevin Low, PEC at Marton, Part 2 - Manawatu Conversations

Creation

Created By
Place
Linton
Date
December 7, 2021

Object rights

Taxonomy

Community Tags
eftpos,
oral history,
pec,
r&d,

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