Computop's new Global POS Network for international multi-channel payments offering fraud prevention services is now available. The system combines data from e-commerce and bricks-and-mortar businesses at the POS, according to a company press release.
The network works in any country, allowing merchants to manage multi-channel payments. For retail POS, certified to the latest PCI PTS 3.1 specification, IPAD EMV is a highly secure multi-functional device that supports magnetic card reading and EMV chip and pin, with optional signature capture and contactless card reading. The IPAD from MagTek and Computop's card tokenization, together remove the need to receive actual card data during a transaction in-store and therefore the need for a retailer's POS system to have PCI DSS accreditation, the company said. IPAD EMV encompasses PCI PTS 3.1, Common Criteria and PCI P2PE compliance, according to the release.
IPAD EMV provides a USB port, giving customers an easy-to-interface hardware platform for card transactions. All communication, internally and externally, are highly secure, using 3DES and DUKPT key management, exceeding the requirements of PCI DSS. It has a backlit color LCD, an optional privacy screen, is ergonomically designed and has an easy to clean finish.
"Historically, the challenges for opening retail outlets or travel businesses in a new country are the same," said Björn Schlesselmann, managing director at PAPAGENA and Computop customer. "You have to research and comply with local banking rules and regulations and buy POS terminals from local banks. However, with Computop Global PoS Network we just buy the IPAD EMV and connect it to a secure and reliable system. It is much easier, faster and cost efficient for us to expand our international business this way."
Read more about PCI compliance.