LAKEWOOD, N.J., Dec. 6, 2017 /PRNewswire/ -- Cardknox, a leading EMV and omni-channel payment gateway, and ID TECH, a global leader in payment peripherals, have announced the industry's first zero-integration EMV solution. Becoming EMV compliant has traditionally been a lengthy and disruptive process for retailers, who have needed to purchase expensive hardware with vastly different payment flows that would then have to be integrated into their existing POS system. With this solution, merchants who use legacy POS systems that only support traditional magstripe readers can avoid these inconveniences and quickly start processing EMV chip cards - all without making any code changes.
The Cardknox solution supports the Augusta card reader by ID TECH, a secure EMV chip and magnetic stripe reader that is specifically designed to offer retailers a simple upgrade path to EMV. "This inventive solution is the only one of its kind, and it mimics the payment flow of a traditional magstripe reader," said Yanky Weiss, CTO of Cardknox. Augusta Product Manager Vince Steffano called the solution "revolutionary" for its ability to allow systems integrated with traditional gateway solutions to start processing EMV payments.
The quick and flexible setup process is further enhanced with Cardknox's emulators for popular gateways. Additionally, merchants will benefit from Cardknox's advanced technology to lower interchange rates and route transactions effectively, as well as the Augusta reader's Quick-Chip technology that provides the fastest processing times possible.
"The Augusta reader is the perfect complement to the services that we provide," said Mark Paley, Director of Partner Sales at Cardknox. "We are excited to add the Augusta line of products to our host of solutions that make EMV payments accessible to merchants in all industries and verticals, independent of system requirements."
Cardknox is a developer-friendly omni-channel & EMV gateway solution that can be seamlessly integrated with POS systems and websites. Offering gateway-only or integrated payments with the lowest rates and most aggressive residuals in the industry, Cardknox serves thousands of customers across every major industry throughout the United States, UK, and Canada. For more information, visit www.cardknox.com.
About ID TECH
ID TECH is a global leader in payment peripherals, with sales, manufacturing, and R&D facilities around the world. The company has become a well-established payment solutions provider with extensive experience in data capturing and encryption products and services. Designing dependable, feature-rich products has made ID TECH a leading supplier of Magstripe readers, mobile payment readers, contactless readers, smart card readers, barcode readers, POS keyboards, signature capture devices, PCI-compliant PIN pads, and other specialty products for OEMs, VARs, resellers, distributors, and key end users. ID TECH provides both standard and custom solutions to support customer requirements. For more information about ID TECH, please call 1-800-984-1010 or visit www.idtechproducts.com.
Augusta Product Manager