Suregate and POS on Cloud Announce End to End Encryption and Tokenization
Suregate, the leading payment gateway with the leading Cloud-based POS Solution Bringing Increased Security for Payment transactions to Restaurant and Retail Merchants
By: POS on Cloud
LOUISVILLE, Ky. - Feb. 11, 2015 - PRLog -- Greenville, SC –- Suregate, one of the leading provider of secure payment gateways to restaurant, retail and online merchants has announced a new strategic technology partnership with POS on Cloud, a provider of cloud-based point of sale (POS) software-as-
With the new partnership, POS on Cloud’s point of sale solution is fully integrated with Suregate’s proprietary end to end encryption technology. This enables payments to be instantly transmitted to multiple credit card processors securely, in real time and without the need for any expensive set-up or special network and firewall configurations at the store level. The combined solution allows Independent Sales Organizations (ISOs) and Value Added Resellers (VAR) to provide small to medium size restaurants with secure, tokenized and end to end encrypted payments for point of sale transactions. Swiped or Chip Card transactions are encrypted at hardware level and then tokenized. Tokenization replaces sensitive account data with a secure value called a "token," which is meant to be worthless to fraudsters. Visa and MasterCard are aggressive supporters of this technology, which can be used to counter any fraud that migrates online after EMV is in place at the point of sale.
“Our relationship with Suregate allows us to deliver a robust, cloud-based online ordering solution that meets merchant needs for security, scalability and the flexibility to accept online orders and increase revenues. This solution puts the small to medium size merchants on the same level playing field as the big boys who have spent millions on their online ordering systems,” said Randy Sagar, Chairman of POS on Cloud. “We look forward to working closely with Suregate to meet merchant and reseller needs, as well as to expand the relationship beyond the restaurant and retail verticals in the future.”
“This is an easy way for Merchants to get end-to-end encryption and tokenization to secure and protect their customer’s sensitive data ensuring customer credit and debit card information remains well-protected, without spending a lot of money,” said Kevin Medina, CTO at POS on Cloud.
POS on Cloud is a cloud-based, premium POS solution that makes it easy and affordable for merchants to manage and grow their business without requiring significant capital or time investment. Operating in the cloud and independent of hardware, POS on Cloud reduces concerns regarding data storage or loss in the event of a malfunctioning system. In addition, POS on Cloud provides superior data security, such as end-to-end encryption and tokenization, ensuring customer credit and debit card information remains protected.
Suregate has empowered thousands of businesses through secure PCI compliant payment transactions by encrypting the card holder data and making use of advanced tokenization technology. Suregate’
“We’re excited to partner with POS on Cloud and integrate our secure gateway with their cutting edge point-of-sale solution.” said Mark Petropoulos, President of Suregate. “They share our core values of making reliable, secure, encrypted technology affordable for the independent merchants and small chains alike. We’re both committed to the success of our ISO and channel partners, and the combination of these great products gives our sales partners a tremendous competitive advantage, especially when selling against legacy POS vendors and their malware prone and insecure point of sale systems that have a history of breaches.”
SureGate.net is the most advanced solution in the industry for processing credit cards, debit cards and check services. This solution provides merchants with a fast, easy, reliable way to authorize credit cards, ATM/debit card, and check transactions on electronic devices and point of sale systems in a secure and compliant environment.
For more information, visit www.suregate.net
About POS on Cloud
Founded in 2012, POS on Cloud has developed Cloud based Point of Sale software to take the Retail and Restaurant Industry to the next level. POS on Cloud is led by a team of professionals with a combined experience of over 90 years, and has built platforms for National City Bank, National Processing Corporation and other Fortune 500 companies. POS on Cloud’s mission is to deliver outstanding results for customers by making every payment and transaction more secure, intelligent, engaging and valuable than the last. Dr. Sunny Dronawat is CEO and Co-founder of POS on Cloud and Mr. Randy Sagar is Chairman and Co-Founder of POS on Cloud.
For more information, visit www.posoncloud.com
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POS on Cloud