RetailEdge Launches 8.1 POS With Encrypted Swipe Security
High Meadow Business Solutions has deployed Payment Processing’s “Point-2-Point” Security solution with RetailEdge POS software version 8.1. The PA-DSS validated solution with encrypted swipe has been delivered to eleven businesses. Integrating seamlessly with the PPI “PayMover” hosted payment service “Point-2-Point” utilizes Magtek “MagnaSafe” technology using open standards technology to encrypt credit card track data within the reader, ensuring the merchant’s POS system never handles clear text cardholder data. Encrypted track data is decrypted upon reaching PPI PayMover, which communicates with the processor in a secure manner and returns the transaction status to the POS. Meanwhile, RetailEdge 8.1 is a validated Payment Application Data Security Standard (PA-DSS) application, compliant with PCI DSS and provides a host of valuable features for businesses: gift card and loyalty programs, deposit tracking, integrated PIN debit, hundreds of new reports, and integrated credit card processing.