Flexibility and security are top of mind in today’s payment industry.
Seal Beach, CA (PRWEB) August 09, 2017
Seal Beach, CA, August 7 2017 – MagTek, Inc., the world’s leading supplier of secure digital transaction technology and hardware, announces the launch of Dynasty, MagTek’s newest addition to its roster of mPOS offerings. As payment options expand, the need to accept Magnetic Stripe, Chip Card and Contactless payments via a certified PIN Entry Device is growing. Dynasty supports all of these needs with a rugged ergonomically designed case that surrounds certain iPad tablet devices for secure payment transactions.
The Dynasty is designed to offer a PCI PTS 4xPED (PIN Entry Device) to be used as either a permanent mounted device – featuring a 100mm VESA (Video Electronics Standard Association) mounting pattern – or as a semi-mobile device allowing the merchants to determine the optimal point of purchase for their customers. An additional upside for integrators is the availability of SDKs and APIs providing a faster path to market implementation.
“Flexibility and security are top of mind in today’s payment industry. MagTek’s Dynasty fulfills both and then some,” says John Arato, MagTek's General Manager and Vice President of Retail Solutions. “Recognizing the widespread use of iOS devices in the development of POS solutions, MagTek designed the Dynasty to serve as a secure and reliable tool that mPOS developers can confidently build around and easily incorporate into their solution.”
Answering the industry clarion call for security, Dynasty encrypts the magstripe and EMV data inside its secure circuitry. This is just one layer of the MagneSafe Security Architecture (MSA), MagTek’s layered approach for security. MSA uses open standard encryption with derived unique key per transaction (DUKPT) key management, tokenization of card data, and MagnePrint card authentication. Combining MSA with the utility of iOS tablets, Dynasty provides a rugged, Secure Card Reader Authenticator that can be applied to any payment environment and can secure a variety of payment types.
For more information about MagTek visit us at the RetailNow Show, booth #230, August 7-9th, at the Paris Hotel in Las Vegas, NV or online at http://www.magtek.com.
Since 1972, MagTek has been a leading manufacturer of electronic devices and systems for the reliable issuance, reading, transmission and security of cards, checks, PINs and other identification documents. Leading with innovation and engineering excellence, MagTek is known for quality and dependability. Its products include secure card readers, check scanners, PIN pads and distributed credential issuing systems. These products are used worldwide by financial institutions, retailers, hotels, law enforcement agencies and other organizations to provide secure and efficient electronic payment and identification transactions.
Today, MagTek continues to innovate with the development of a new generation of security centric products secured by MagneSafe™. By leveraging strong encryption, secure tokenization, real time authentication and dynamic payment card data, MagneSafe products enable users to assess and validate the trustworthiness of credentials used for online identification, payment processing, and other high-value electronic transactions.
MagTek is based in Seal Beach, California and has sales offices throughout the United States, Europe, and Asia, with independent distributors in over 40 countries. For more information, please visit http://www.magtek.com.