Silver Spring, MD (PRWEB) January 13, 2015
Merchant Link, a leading provider of payment gateway and data security solutions, is pleased to announce that it has added Verifone device support to its TransactionLink™ middleware solution; enabling easy EMV and contactless payment acceptance on integrated POS (iPOS) systems.
TransactionLink removes cardholder data from iPOS systems and will enable customer-facing, EMV-capable Verifone payment terminals to prompt consumers through the purchase process while delivering the completed sale information back to the IPOS. Transactions are hardware-encrypted at swipe by Verifone SRED validated devices, which prevent malware from skimming cardholder data in-flight. The data is then tokenized using format-preserving tokens, allowing merchants to continue to perform cardholder analytics on purchase data.
“We have added Verifone device support to TransactionLink based on customer demand and the quality and security of Verifone’s solutions. By adding support for Verifone SRED validated devices to TransactionLink we are able to extend additional EMV terminal options to our merchants and iPOS partners,” Geoff Krieg, VP, Product Management, Merchant Link.
”The relationship that Verifone and Merchant Link have established gives each of our merchants the ability to confidently and securely manage acceptance of all types of payments, including EMV, NFC and traditional magnetic stripe. Regardless of the type of application--whether ‘pay at the table’ for restaurants, transactions in retail environments or hotel check-out--using TransactionLink along with Verifone terminal solutions provides merchants with flexible payment acceptance capabilities and security peace of mind,” said Joe Mach, senior vice president and general manager of Vertical Solutions for Verifone.
# # #
Verifone is transforming everyday transactions into opportunities for connected commerce. We’re connecting more than 26 million payment devices to the cloud – merging the online and in-store shopping experience and creating the next generation of digital engagement between merchants and consumers. We are built on a 30-year history of uncompromised security. Our people are known as trusted experts that work with our clients and partners, helping to solve their most complex payments challenges. We have clients and partners in more than 150 countries, including the world’s best-known retail brands, financial institutions and payment providers.
Verifone.com | @verifone
About Merchant Link
Merchant Link is a leading provider of cloud-based payment gateway and data security solutions, removing the risk and hassle of payments for more than 300,000 restaurant, hotel and retail locations. Founded in 1993 and headquartered in Silver Spring, Md., Merchant Link currently enables more than 4 billion transactions annually for some of the world's best-known merchants, providing connectivity to the major U.S. payment card processors. TransactionVault®, our tokenization solution, and TransactionShield®, our point-to-point encryption solution, mitigate the risk of a data compromise while lowering the cost and effort of PCI compliance. For more information, please visit http://www.merchantlink.com.