Trintech Group Plc (NASDAQ: TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced that PayWare OpenPay has been awarded the new Visa, MasterCard and JCB Payment Card Industry Certification for Encrypting PIN Pads (PCI EPP).
The certification is another industry first for Trintech's Unattended Payments Business and ensures that PayWare OpenPay customers are the first to achieve compliance with the latest standards for PIN security.
Today's announcement is a further validation of Trintech's leadership position in the area of unattended payments, providing PayWare OpenPay customers with Visa, MasterCard and JCB compliant equipment for self-service environments, such as fuel retailing, kiosks and vending. PCI Security certification is a mandatory requirement for merchants that wish to accept Visa, MasterCard or JCB credit and debit card transactions with a PIN and applies to both Chip and non-chip environments. Customers who install OpenPay unattended payment terminals in their self-service equipment will benefit from Trintech's expertise in providing solutions that meet all applicable global standards including PCI and EMV.
"Once again Trintech is the first to meet the latest security certification requirements that our customers need in order to transact securely in unattended environments." said Eamon Keating, General Manager of Trintech's Payments Division. "We are very proud of this achievement. Developing PCI compliant solutions requires a high level of security expertise and Trintech's ability to meet the latest industry standards faster than anyone else demonstrates the competitive advantage we offer our customers in this area."
The PayWare OpenPay range of unattended payment solutions are the first to incorporate a PCI compliant Encrypting PIN Pad as a modular component for both online and offline PIN transactions. Offline PIN transactions are mostly used in markets that are migrating to chip and PIN from magnetic stripe with signature environments. Online PIN transactions are more common in markets where PIN is used with magnetic stripe cards although it will also work with chip cards. The combined certification for online and offline PIN allows PayWare OpenPay to be deployed in all markets and delivers significant benefits to OpenPay customers.