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Dresser Wayne Introduces First Secure Magnetic‐Stripe Card Reader Compliant with PCI PIN Transaction Security 3.0
iX Pay™ Secure Payment option encrypts financial data from the moment customer swipes payment card.
Austin, Texas (October 6, 2010) – Dresser Wayne, a global innovator of fuel dispensers and technologies, is helping US fuel retailers protect consumers from payment‐card fraud with its new secure magnetic‐stripe card reader. Further expanding Dresser Wayne’s leadership in payment‐security technologies, this optional feature for the iX Pay Secure Payment solution is the first device of its kind to comply with Payment Card Industry PIN Transaction Security (PCI PTS) version 3.0 standards — the latest and most rigorous standards for PIN‐transaction security.
Similar to the company’s highly secure global EMV‐compliant hybrid chip card reader, the US‐specific secure magnetic‐stripe card reader provides enhanced transaction security by encrypting data the moment a customer swipes a payment card. Data is then transmitted securely between terminal components, reducing its vulnerability to hacking and theft that is costing consumers and retailers more and more each year.
“Sophisticated criminals can quickly discover where data is relayed without encryption, and they have developed innovative ways to access and steal that information,” says Tim Weston, Dresser Wayne payment technologies product manager. “It is imperative that sensitive payment data is protected during the entire transaction, particularly at the point of entry, which is often the easiest place to attack.”
The secure magnetic‐stripe card reader features an LED indicator that provides a visual alert to customers and fueling site employees in the event of device tampering. This real‐time notification allows quick action to be taken to help protect consumers and businesses from the costly impact of financial fraud.
The secure magnetic‐stripe card reader is the only card reader solution validated to comply with PCI PTS 3.0 requirements through an evaluation by an independent, PCI‐approved lab. Dresser Wayne’s card reader was also a key factor in achieving the recently announced certifications of its Ovation®, Vista™ and Tokheim™ Premier dispenser to PCI PTS Unattended Payment Terminal (UPT) 3.0 standards.
The card reader is offered as an iX Pay Secure Payment option on newly purchased Ovation and Vista dispensers and iX Pay Secure Payment solution retrofit kits, and it is available as an upgrade for previously deployed Ovation, Vista and Tokheim Premier dispensers equipped with the iX Pay solution.
Its upgradeability protects retailer equipment investments by providing an efficient and cost‐effective path to higher levels of security and functionality, and to long‐term compliance with evolving security standards.
To learn more about the iX Pay Secure Payment solution and its recently‐achieved PCI PTS 3.0 certifications, visit Dresser Wayne at the NACS Show 2010 in Atlanta, GA, USA, October 5—8, booth 537.
About Wayne Fueling Systems
Wayne Fueling Systems is one of the world’s largest suppliers of fuel dispensers, payment terminals, forecourt control devices, point-of-sale and other measurement and control solutions to the retail and commercial fueling industry. Wayne has been at the forefront of innovation since it was founded in 1891 and is responsible for many of the breakthrough technologies that have transformed fuel retailing. Through a global network of distributors and service partners, Wayne products are sold and supported in over 140 countries around the world. Headquartered in Austin, Texas, Wayne also has major design and assembly operations in Sweden, Brazil and China. www.wayne.com
10/6/2010 8:00:00 AM