eProcessing Network, LLC, one of the leading payment gateway and software development companies in the electronic payment processing industry, announced today its iPhone/iPod/iPad application that works in conjunction with MagTek's iDynamo, the MagneSafe secure card reader authenticator specifically designed to interface with card-present payment applications made for the iPhone 3G and 3GS, iPod Touch and iPad.
The application, ePNMobile, was developed in-house by ePN's talented R&D team and will support MagTek's ability to secure card-present transactions for mobile merchants. ePNMobile represents an advanced and secure solution with fully encrypted data capture and transmission that complies with PCI PA-DSS security requirements and is decrypted by ePN's secure servers. ePNMobile is a cost-effective product that offers swiped processing with ease of use on the most popular smartphones and mobile devices available.
Another impressive benefit of ePNMobile is that merchants will also have access to every one of ePN's other state-of-the-art solutions including POS tools, Internet website e-commerce, recurring capabilities, a QuickBooks PlugIn and other related superior gateway services.
"We are delighted to expand our long-standing relationship with MagTek and provide a secure and easy solution for mobile merchants who use the iDynamo reader," says Steve Sotis, President of eProcessing Network. "Our sales offices will enjoy unprecedented merchant retention through a combination of robust solutions that is not offered through any other gateway."
"ePN was an early adopter of the MagneSafe Security Architecture and user of our Magensa.net hosted service", says John Arato, Vice President of MagTek's Retail Business Unit. "We have worked with ePN for several years to bring the most secure payment solutions to the market. By supporting the full suite of MagneSafe security, including encryption, tokenization and MagnePrint card authentication, ePN is clearly in a position to protect card data and identify counterfeit cards in real-time."