October 6, 2010 by staff
Dresser, Dresser Wayne, a global innovator of fuel dispensers and technologies, announced today that its iX Pay secure payment solution is the worlds first solution to receive the Payment Card Industry PIN Security transactions (PCI SCP) certification for version 3.0 encrypt a PIN (CPE) devices keyboard. While many competitive payment solutions for retail fuel are still approved only to 2004 standards, which were based on the payment practices of security attack identified more than six years, Dresser Wayne important victory that allows fuel retailers with the bond payment and advanced the most common. PTS PCI 3.0 compatible iX Pay secure payment solution helps protect consumers and retailers increasingly sophisticated methods of fraud data. It also provides industry-leading equipment investment protection through compliance with 2020, and even with upgrades.
This historic announcement further demonstrates Dresser Wayne’s commitment to technological leadership in secure payment. Dresser Wayne was the first to propose a solution PCI 2.0-compliant EPP on the world market in 2007, and continues to lead the industry in technological advances with other similar developments such as the recently announced its mode Limited functionality (AMT) included in the iX Pay secure payment solution. Capacity first of its kind, AMT maintains functionality for secure processing of payment transactions non-PIN, even if the EPP is disabled as a result of alteration.
Threats to security of payment are increasingly at an alarming rate. As an industry, we must go beyond meeting the minimum criteria for compliance. We need to stay ahead of the curve in protecting consumers and businesses against identity theft and financial crimes, said Tim Weston, Dresser Wayne, product manager of payment technologies. Unlike its competitors struggling to put version 2.0 of the solutions on the market before the PCI specification retires, weve designed our security solutions integrate the latest technologies in data protection payment, and to anticipate regulatory changes rather than react.
In addition, Dresser Wayne has received the first world championship without PCI Payment Terminal (UPT) version 3.0 certification for the Ovation, Tokheim Vista and fuel prime. Consequently, fuel retailers can benefit from enhanced security for transactions by credit card and debit cards using a PIN. Configurations PCI UPT-TSP approved based Dresser Wayne’s newly released Secure reader magnetic stripe card that allows you to encrypt payment data from the time a customer slides his card. As the companys current security drive hybrid EMV smart card, magnetic stripe reader transmits data securely between the components of the terminal, and is capable of supporting financial networks from end to end data encryption.
Financial data theft is a serious problem for all retailers, but for C-store retailers with fuel dispensers on the outside available to the public at all times, the problem may be compounded by a series of factors. It must be approached from many different angles, Weston said.
The solution iX Pay secure payment incorporates a multi-level approach to data protection, including the algorithms of Triple-DES encryption; built-in keyboard protects privacy, whistleblowing mechanisms on reactive and unauthorized protective device abduction, and many other features innovative safety. Its keys travel has the added benefit of preventing the use of skimmers data from the keyboard.
In addition, it is built on the platform technology upgrade iX, a single global foundation that supports various configurations to meet regional needs as well as additional security enhancements, which can minimize the costs of compliance continues with ever changing standards of security of payment. Characteristics iX Pay secure payment solutions are not robust security PTS only PCI 3.0-compliant, but they have also achieved certification to other major global standards for security of payments, such as 4.2 for EMV payment cards smart Canadian Interac 2.0 and pan-Nordic Card Association (PNC) regulations UPT.
To learn more about the solution iX Pay secure payment, visit the Dresser Wayne NACS Show 2010 in Atlanta, GA, USA, October 58, booth 537.
About Dresser, Inc.
Dresser, Inc. is an industry leader worldwide in providing highly engineered infrastructure products for the global energy industry. Leading brand names within the Dresser portfolio include Dresser Wayne retail fueling systems, Waukesha engines, natural gas, Masoneilan control valves, Consolidated pressure relief valves, and Roots blowers and rotary gas meters. The company has manufacturing facilities and customer service located strategically worldwide and a sales presence in over 150 countries.
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