HomeATM Receives First Ever Internet PCI 2.0 PED Certification

March 19, 2009 - PRLog -- HomeATM ePayment Solutions, a leading provider of secure hardware and software solutions, today announced their newest product, Safe-T-PIN™, has been Payments Card Industry (PCI) PIN Entry Device (PED) 2.0 certified.

The Safe-T-PIN point of sale terminal, manufactured by HomeATM, is the first ever Internet PED to achieve such certification.  Safe-T-PIN™ provides safer and more secure two factor authentication for e-commerce transactions and secure log-in.

The pocket-sized Safe-T-PIN™ is USB “plug and play”, thus eliminating the need for drivers or downloads.  In addition, it works with any operating system or browser.  The device provides users with the added convenience of swiping their cards versus keying in their numbers (Swipe Don’t Type™) and will work with any bank, card processor, and currency.

The significance of this feat is that bank/military grade encryption of financial data from beginning to end is now affordable to the masses.

HomeATM’s mission from Day One was to design, build and provide an affordable POS that brought End-to-End-Encrypted (E2EE) security and thus lower fees to merchants and consumers alike.

The Safe-T-PIN™ also allows authorized secure person-to-person (P2P) money transfers in real-time.  “We are proud of our engineering team and extremely excited to provide a cost-effective solution to those who can least afford fraud and risk,” said Ken Mages, CEO.

"The Safe-T-PIN™ exponentially reduces the likelihood of a breach and provides the dual authentication solution that e-tailers and money remittance companies have been seeking in order to fill the current fraud/security void in secure transactions on the web.  HomeATM is already in advanced discussions with several Fortune 100 companies and this certification will certainly result in expediting those talks.”

About HomeATM

HomeATM owns a global patent for secure Internet PIN based transactions.  Leveraging our E2EE PCI 2.0 PED certified solution, a merchant or remitter can move funds from their bank account or open loop/closed loop payment card in real-time.  Utilizing HomeATM’s patented solution with a bank issued debit or credit card alleviates the burden for merchants to address fraud issues as HomeATM leverages the issuing bank’s KYC/AML (Know Your Customer/Anti-Money Laundering) protocols.  No other payment solution serves P2P, Business-to-Consumer (B2C) Business-to-Business (B2B), and Mobile Payments with the speed, security and cost-effectiveness of HomeATM.  HomeATM is EMV ready and already enjoys strategic relationships with Microsoft, Cardinal Commerce and UATP.

For further information please visit: www.HomeATM.net or www.HomeATMblog.com or contact Mitchell Cobrin, COO mcobrin@HomeATM.net or 514-207-5000

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HomeATM Provides an End-to-End Encrypted Internet PIN Debit Solution using a PCI 2.0 approved PIN Entry Device. (PED) For more information visit: www.PINDebit.blogspot.com