Magensa's Decryption Services And MagTek's MagneSafe Bluetooth Readers Selected By eProcessing Network
MagTek, Inc., a global leader in retail electronic payments technology, recently announced the roll-out of its MagneSafe Secure Readers with Bluetooth capability in conjunction with Magensa Services at eProcessing Network, LLC, a Houston, TX based Payment Gateway. Additionally, Magensa LLC will provide eProcessing Network with secure, high-speed, transaction decryption services.
The MagTek MagneSafe BT-90 readers utilized by eProcessing Network's merchants will communicate to eProcessing Network's ePNMobile software through a secure, Bluetooth wireless connection. In addition, the BT-90 will fully encrypt all cardholder data utilizing industry standard 3DES and DUKPT encryption methodologies. Data is never in the clear and meets all requirements of PCI DSS, thereby making eProcessing Network's ePNMobile software fully compliant.
Transaction data is fully encrypted from the moment the card is swiped. This secure message packet is routed from ePNMobile compatible Cell Phones and PDAs to their central host computer, and then delivered securely to Magensa for decryption.
MagneSafe readers provide an additional layer of security known as MagnePrint, which can authenticate the payment card to ensure it is not an altered or counterfeit card.
The entire family of MagneSafe secure readers offers extraordinary protection for wireless, brick & mortar POS applications, and on-line transactions, empowering today's mobile merchants, retailers, service providers and their customers with the freedom and confidence of a secure, fast, and convenient transaction payment experience.
"We are very excited about having eProcessing Network utilize our newest MagneSafe reader, the Bluetooth BT-90, and Magensa's service to secure their POS transactions. Clearly, both offerings provide eProcessing Network with an extremely cost-effective wireless solution to achieve transaction security through a simplified and efficient path to comply with PCI DSS mandates," said John Arato, Vice President at MagTek, Inc.
"We looked at several wireless Magnetic Stripe Reader options, and other technologies to secure our payment infrastructure. MagTek and Magensa provided us with the most secure, streamlined and cost-effective solution to achieve PCI DSS compliance without making any significant up-front system changes and investments," said Steven Sotis, President of eProcessing Network. "The BT-90 will provide our customers who use our wireless payment application with a secure wireless solution. One that can work on numerous customer owned cell phones and PDA devices," concluded Mr. Sotis.
For more information on MagTek's MagneSafe Secure Readers, please visit MagTek at Booth #621 at the 2008 ETA Meeting & Expo at Mandalay Bay Conference Center in Las Vegas, April 15-17, 2008.
For more information on Magensa's data protection and card authentication services, please visit Magensa at Booth #529 at the 2008 ETA Meeting & Expo at Mandalay Bay Conference Center in Las Vegas, April 15-17, 2008.
For more information on eProcessing Networks services and software, please visit eProcessing Network at Booth #520 at the 2008 ETA Meeting & Expo at Mandalay Bay Conference Center in Las Vegas, April 15-17, 2008.
About Magensa
Magensa is an application service provider of decryption and authentication services that allows retailers to quickly implement PCI-DSS compliant payment systems at both POS retail locations and e-commerce websites. Magensa's solutions utilize secure magstripe readers that encrypt data at the point of swipe to protect cardholder personal information, and MagnePrint, a card authentication technology that detects the use of counterfeit (skimmed) cards. Together these features provide token-based multifactor authentication for secure access to online activities. Retailers gain simplified PCI-DSS compliance that can be implemented without the need for substantial investment or changes to their existing payment processing infrastructure. For more information, please contact Magensa at
877-624-3672 or visit us on the web at www.magensa.net
About MagTek
Since 1972, MagTek has been a world leader in electronic transaction technology, from magnetic stripe card readers and writers to high-accuracy MICR check readers and scanners, secure PIN issuance and cardholder verification systems. The company's products are in use today at point-of-sale (POS) and back-office locations in thousands of retailers and financial institutions around the world; MagTek's technologies and components are also incorporated into custom retail POS terminals, banking customer service terminals, restaurant and hospitality equipment, Kiosks and ATMs. MagTek is based in Carson, California and has sales offices throughout the United States, Europe, and Asia, with independent distributors in over 40 countries. For more information, please visit
www.magtek.com.
About eProcessing Network
eProcessing Network, LLC is a software development company specializing in Secure Real-Time Transaction Processing Services and Support. The eProcessing Network Payment Gateway processes merchants transactions using each merchants own credit card, ACH/check and/or shipping account. eProcessing Network is certified to process Retail Swiped, MOTO, ECI, AVS, CVV2/CVC/CID, PIN-Debit, ACH/Check and many other transaction types through all major processing platforms.
SOURCE: MagTek, Inc.