Oolio Pay Global: "ERROR: Connection Failed!" When Pairing Terminal

Problem Connecting Oolio Pay Global to the S1F2 Device

1. When Connecting a new S1F2 device to Oolio Pay Global in Pocket Pad, Setting>Payment Integration>Payment Type(Select 'Oolio Pay Global'). 

2. Enter the Terminal POIID, Terminal IP Address(recommended 127.0.0.1) and hit "Pair Terminal" . Get an error "ERROR: Connection Failed!" 

Solution: Being all other configurations done correctly if you experience this, the Encryption key needs to be validated by the team Oolio & a config update should then be done to update the device.