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FreedomPay Announces Merchant PCI P2PE

5, Country, Priority, UNITED STATESBy Robert McKinley 08/19/2014

FreedomPay unveiled the PCI certified fully-functional, point-to-point encryption (P2PE) payment technology as part of its cloud-based FreedomPay Commerce Platform. With the certification of its P2PE technology by the PCI Security Standards Council – and through key alliances with hardware vendors and validated secure distribution channels – FreedomPay offers a streamlined, cost-effective way for merchants to put their point-of-sale systems (POS) and networks 100 percent out of scope for Payment Card Industry Data Security Standard (PCI DSS) compliance. It ensures against breaches through PCI certified P2PE, complete with EMV technology. It also processes payments using NFC, Magnetic Stripe and PIN Debit. It’s ultimately designed as a one-stop solution for merchants who need secure POS transactions and want the capability to expand their commerce options today or in the future.

FreedomPay Adopts Credit Union Financial Exchange Standards

5, Country, Priority, UNITED STATESBy Robert McKinley 06/25/2014

FreedomPay has implemented Credit Union Financial Exchange (CUFX) standards on its Commerce Platform and that Baxter Credit Union (BCU), a flagship CUFX member, has deployed the solution to provide corporate customers with the opportunity to make cashless payments. The CUNA Technology Council initiated the CUFX standards project to address integration issues on behalf of all credit unions. Experts from leading credit unions and top vendors have come together to develop technology standards that will make product and service integration across the credit union industry faster, easier and more cost-effective. CUFX standards will expedite implementations, reduce core costs, speed revenue recognition through faster implementations and ease ongoing support efforts.

FreedomPay Names Vice President, Technology

4, Country, Priority, UNITED STATESBy Robert McKinley 03/11/2014

FreedomPay added Marc Pereira to its executive team as vice president of technology. With nearly 20 years of e-commerce and technology experience, Pereira will be responsible for overseeing, envisioning and maintaining the company’s technology infrastructure, which covers both the development process and the network infrastructure management operations. Marc will ensure that FreedomPay’s world-leading commerce platform is constructed using best practices in security, code optimization and scalability. Pereira joins FreedomPay after serving nearly 12 years in strategic executive roles at eBay Enterprises. Marc has led project teams in coordinating complex, concurrent product development initiatives, deployment and forecasting.

FreedomPay Announces Senior VP, Strategic Partnerships

6, Country, Priority, UNITED STATESBy Robert McKinley 02/03/2014

FreedomPay announced the addition of payments industry veteran Brian Voigt to its executive team as Senior Vice President of Strategic Partnerships. Bringing nearly 25 years of payments industry experience, Voigt has proven success in building relationships and product innovation that bring key partners and customers to the table. He will be responsible for engaging, recruiting and establishing product-complementary and revenue-generating relationships with global partners engaged in the commerce ecosystem. Voigt joins FreedomPay after serving 18 years in strategic executive roles at Bank of America Merchant Services (BAMS), with a focus on defining mobile Point of Sale (“POS”) and mobile commerce strategies. He has also held executive positions with First Data and Chase Paymentech.

Ingenico POS Terminals FreedomPay Compatible

3, Country, Priority, UNITED STATESBy Robert McKinley 09/16/2013

Ingenico and FreedomPay platform and payment processing provider announced their partnership and the certific ation of the innovative Telium2 series point-of-sale (POS) payment devices. The integration extends to Ingenico’s retail base application (RBA) and its innovative hardware, including iSC250 Signature Capture terminal and iPP350 & iPP320 PIN Pad devices. The newly supported Ingenico RBA software-powered devices will accept magnetic stripe and EMV chip-card payments, as well as NFC-based transactions, enabling tap-and-go mobile payments. Ingenico devices will be integrated and connect to the FreedomPay Commerce Platform(, a cloud-based smart technology gateway, that supports true point-to-point encryption (P2PE), instantly reducing merchants’ scope for PCI DSS compliance.

FreedomPay Appoints New Chief Business Development Officer

9, Country, Priority, UNITED STATESBy Robert McKinley 07/25/2013

FreedomPay has appointed Rodney Bowen-Wright as Chief Business Development Officer. Bowen-Wright is a highly-experienced leader with proven success in global sourcing, business incubation, evaluation of next generation strategic investments in the areas of Mobility, Digital Media, Internet, Business Applications and other market domains. Throughout his career, he has been responsible for driving customer focused Market Research Definition (MRD), translating business into technical specifications and driving the resulting product development. He brings more than 15 years of experience in technology leadership to his new role where he will leverage his deep expertise and understanding of customer needs to create effective go-to-market and partnership strategies that drive business growth both for FreedomPay and its partners. Rodney holds an MSEE degree in Computer and Electrical Engineering from the University of Nebraska.

FreedomPay Announces Ben & Jerry’s Latest Cloud Client

5, Country, Priority, UNITED STATESBy Robert McKinley 06/24/2013

FreedomPay announced that Ben & Jerry’s is deploying the FreedomPay Commerce Platform across their domestic US franchise scoop shop system. The cloud-based FreedomPay Commerce Platform puts Ben & Jerry’s on the fast track of technology innovation. FreedomPay delivers a high-performance, secure user experience driven from the cloud to any device, anytime, anywhere. The platform seamlessly bridges the gap across in-store, web, and mobile by interconnecting POS systems, transaction hosts, incentive engines, and other disparate systems to a cutting edge transaction superhighway. FreedomPay is an early leader in true Point to Point Encryption (P2PE) for MICROS point of sales systems including support for NFC, EMV and magnetic stripe in a single solution.

FreedomPay & Microsoft Announce eWallet Development Event

9, Country, Priority, UNITED STATESBy Robert McKinley 03/12/2013

FreedomPay is set to lead a week long development session at the #DigitalWalletFoundry event. Both FreedomPay and Microsoft will collaborate with the region’s burgeoning tech-savvy and creative population to kick start the innovative development of digital wallet applications. Digital Wallet Foundry takes place March 18-22, 2013 at the ultra-hip Modern Jago building in London’s East End. At this event developers, designers and industry thought leaders from the world’s leading banks and mobile operators are coming together to collaborate on everything from envisioning, defining wallet strategies and business planning, to coding and agile project development.

FreedomPay Launches Contactless Payment Bracelet

5, Country, Priority, UNITED STATESBy Robert McKinley 07/01/2010

The 40,000 Boy Scouts and 30,000 visitors and volunteers attending the 2010 National Scout Jamboree will have available the FreedomPay “Smart Bracelet” payment bracelet. Allowing users to purchase snacks and souvenirs with the simple swipe of their wrists, Freedompay’s “Smart Bracelet” conducts transactions on the “FreeWay” flexible transaction gateway. The “Smart Bracelet” provides a virtual wallet that can be funded by parents on-line prior to and during the Jamboree. It is a customized payment and transaction processing solution that allows Scouts full access to concessions, activities, and memorabilia without the hassle of cash or credit cards. It can also be used as a credit or debit card by BSA staff, Scout leaders and other onsite adults, allowing them the same freedom to securely and conveniently buy concessions at the Jamboreeâs Trading Posts.

FreedomPay Transaction Gateway Tops 1,000 2009 Clients

5, Country, Priority, UNITED STATESBy Robert McKinley 06/24/2010

FreedomPay intelligent transaction management solutions passed the 1,000 client milestone for its “FreeWay” Software as a Service (SaaS) payment and transaction gateway. First launched in April 2009, “FreeWay” breaks down the traditional silos that have long encumbered payment processing and transaction businesses. It enables greater marketing effectiveness and visibility through newly-available intelligence and analysis. FreeWay joins all areas of payment and transaction processes into a single, easy-to-use interface and reporting system, eliminating the need for companies to change or add system architecture. The “FreeWay” architecture is ideal for continuously expanding or changing retailing enterprises that have franchised, and have multiple and disparate locations.

FreedomPay Hires the Former MAC President

5, Country, Priority, UNITED STATESBy Robert McKinley 05/01/2007

PA-based FreedomPay has named Phil Valvardi, former President of the “MAC Network” its new Chief Development Officer. Valvardi started his career at Procter & Gamble and served as Vice President of the electronic payments division at CoreStates Financial Group. He holds an MBA from Drexel University and a BS from St. Joseph’s University in Philadelphia. FreedomPay is a cashless payment solution provider to the foodservice industry utilizing RFID technology.

FreedomPay Picks Up $7MM in New Funding

5, Country, Priority, UNITED STATESBy Robert McKinley 05/13/2004

PA-based FreedomPay, a pioneer of cashless payment and loyalty solutions, has received $7 million in funding from affiliates of Goldman Sachs Group and previous investor Nokia Venture Partners. FreedomPay, Inc. is the world leader in business process outsourcing to the global food service market delivering front of the house and back office applications built on a world class payment, loyalty and settlement services infrastructure. Goldman Sachs is a global leader in corporate equity and mezzanine investing. Nokia Venture Partners is a leading global venture capital firm based in Menlo Park, California.

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