PA-based FreedomPay’s Commerce Platform has been approved as a payment gateway for EMV on First Data. FreedomPay’s EMV certification combined with P2PE enables merchants to adopt advanced payment security at the point of sale.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Marc Pereira, Vice President of Technology Operations at FreedomPay.
The FreedomPay Commerce Platform has approved more devices for its PCI Validated P2PE solution with EMV and NFC ready payment terminals. Ingenico join devices from Oracle|MICROS, Agilysys, Revel Systems, Digital Dining, and Nextep Systems.
FreedomPay Commerce Platform PCI-Validated P2PE mWallet EMV solution will be implemented is to be implemented with Apple Pay. FreedomPay Commerce Platform is broadly integrated with POS systems and technologies that allow individual merchants and enterprises a single platform to accept all traditional and emerging payment technologies, including via mobile, EMV and card not present.
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 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 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.
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 “FreeWay” SaaS payment and transaction gateway has been introduced to allow independent software developers to quickly, easily, and cost-effectively create new software applications. The “FreeWay” gateway is currently used by more than 1,000 clients including more than two dozen US Federal Agencies as well as a who’s who of leading corporations in finance, media, pharmaceuticals, publishing, and manufacturing, as well as many of the elite healthcare teaching institutions in North America. The gateway extends the benefits of Level 4 data and greatly simplified PCI DSS interface for satisfying credit card processing security. Level 4 data includes specific details about the product sold- collected right at the POS- such as manufacturer, make, model, model year, part number, serial number, stock-keeping unit, promotional, or loyalty reward to analyze real-time customer purchasing trends.
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 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 announced that its’ online hosted network integrates fully with the read/write capability of CA-based HID’s iCLASS 13.56 MHz contactless smart card technology. The combination of FreedomPay’s cashless network with HID’s iCLASS technology will provide convenience and security and create benefits for the enterprise, the employee and the merchants. FreedomPay is a provider of cashless transaction networks. HID Global is a provider of contactless smart card technologies.