Company History

2013

Launched complete countertop payment terminal JadeINNO for more fast and secure transactions and diverse application running.

Released new NFC solution, CyberPay 320 equipped with powerful contactless functionality and enhanced portability.

2012

Supplied NFC solution to Iran.

Supplied NFC solution to Iran.

Acquired EMV Level2 Certification.

2011

Launched complete countertop terminal JadeEKO PLUS built on reliability proven platform of JadeEKO series.

2009

July

Contracted to supply 50,000 payment terminals to Middle East and Africa.

December

Released Jade Manager Station, an all-in-one multifunctional system featuring payment terminal, fingerprint reader, barcode scanner and mini keyboard.

2008

April

Obtained investment from ShinHeung Star Finance.

May

Certified PCI (Payment Card Industry) PED (PIN Entry Device) ONLINE, OFFLINE on JadeAIRE X2 from Visa International.

2007

July

Certified PCI (Payment Card Industry) PED (PIN Entry Device) ONLINE on JadeEKO from Visa International.

2006

April

Won Megabanco project for building EMV system for coffee growers in Colombia.

Shipped IP-enabled EMV-certified payment terminals to BOD Bank in Venezuela.

Allied with Dongyang Telecom for co-manufacturing payment terminals.

May

Contracted with Digital Check for providing 2 piece EMV-certified payment terminals in Japan.

Contracted with Samsung S1 for distributing their EMV cards and solutions in Latin America.

June

Contracted with MCS for developing and providing countertop payment terminals with external contactless/RFID readers in Japan.

December

Obtained investment from Dongyang Telecom.

2005

May

Won transportation control service system project managed by the Chilean government.

July

Contracted with MCS for developing and providing wireless payment terminals for taxis in Japan.

August

Shipped IP-enabled EMV-certified payment terminals to Banesco Bank in Venezuela.

December

Released JadeEKO, an all-in-one compact EMV-certified payment terminal featuring various options of wired and wireless communications.

2004

January

Established CyberNet Japan to grow CyberNet business via direct and distribution sales in Japan.

February

Certified Visa PED (PIN Entry Device) ONLINE on JadeSTAR platform from Visa International.

April

Certified EMV L2 (EMV 2000/4.0) on firmware based CyberAPI from EMVCo.

July

Started distribution of payment terminals to SMARTRO, a fast growing VAN (Value Added Network) company established by GS CALTEX Oil Corporation.

Attracted foreign capital from HSBC Group.

October

Won Korea Post Office project for building mobile banking systems.

December

Contracted with KT&G (Korean Tobacco & Ginseng Corporation) for providing multi-function terminals for ordering by retailers and for CMS (Customer Management Service).

Won KT (Korea Telecom) project for supplying payment terminals for pharmacy EDI system.

Contracted with Hitachi-Omron Terminal Solutions (HOTS) for developing and supplying EPP (Encrypting PINpad) modules for ATMs in Japan. 

2003

February

Appointed Eastern Communications for distribution sales in China.

March

Certified EMV L1 (EMV 2000/4.0) from EMVCo.

April

Certified EMV L2 (EMV 2000/4.0) from EMVCo.

June

Certified ISO 9001 from CCAS (Chamber Certification Assessment Services).

July

Certified Visa PED (PIN Entry Device) ONLINE on JADEBreakthrough platform from Visa International.

August

Appointed as an official payment terminal supplier by KSNET, a major VAN (Value Added Network) company in Korea.

December

Contracted with Omron for developing mobile/wireless EMV-certified terminal featuring contactless/RF and IRDA technology.

Won Italian PTT (National Posts & Telecommunications) project in partnership with ELSAG and B&C Link for providing payment terminals to the branches of PTT throughout Italy.

Contracted with Processa for supplying payment terminals for the automation of bingo and lottery payments throughout Colombia.

Selected by VISANET for providing payment terminals for EMV migration in Guatemala.

2002

January

Won lottery project in Brazil.

Formed CyberNet EMEA (Russia) to grow CyberNet business via direct and distribution sales in Europe, Middle East and Africa (EMEA).

June

Released JadeFAST, the Jade with a FASTER modem imbedded (33.6Kbps).

October

Appointed as an official payment terminal supplier by Visa International for Visa Smart Breakthrough Acceptance Device Program.

Selected by Visa International to demonstrate Visa Contactless Payment using “Visa-CyberNet Contactless Payment Demo” in Visa booth @ CARTES 2002.

November

Launched JadeSTAR, a 2 piece countertop EMV-certified payment terminal.

Launched JADEAdvantage, an all-in-one countertop EMV-certified payment terminal.

December

Released JADEBreakthrough, an all-in-one countertop EMV-certified payment terminal dedicated to Visa member banks and financial institutions worldwide for EMV migration.

2001

April

Certified EMV L1 & L2 (EMV 1996/3.1.1) from EMVCo.

Appointed as an official payment terminal vendor by KOCES, a major VAN (Value Added Network) company co-funded by major credit card companies in Korea.

July

Expanded into America by establishing CyberNet USA (located in Silicon Valley).

Won Korea electronic purse project with A-Cash corporation, an e-purse company co-funded by major credit card companies in Korea.

Appointed as an official payment terminal supplier by KMPS (now FDK), the fastest growing VAN (Value Added Network) company co-founded by SK Inc, SK Telecom and Inicis.

September

Appointed as an official payment terminal vendor by KFTC, a financial telecommunications and clearings institute owned by the Korean government.

Changed corporate name to CyberNet Inc.

October

Launched JadeAIRE, a mobile/wireless EMV-certified payment terminal.

2000

January

Launched JadeSP (with 3” SPROCKET printer), an all-in-one countertop EMV-certified payment terminal.

June

Launched Jade (with 2” THERMAL printer), an all-in-one countertop EMV-certified payment terminal.

September

Started Jade global distribution.

October

Established R&D center in Korea.

December

Expanded manufacturing plant in Korea.

Won ‘Money 10’ loyalty project with Best of Best Communications (now Money 10) in Korea.

1999

June

Won Korea's 1st chip card project: Visa VSDC project.

1998

September

Established CyberNet Information System in Seoul, Korea.

December

Selected as an official payment terminal vendor by NCI, the major VAN (Value Added Network) company co-invested by 21 banks in Korea.