KIRKLAND, Wash., June 27, 2012 /PRNewswire/ -- Viableware, innovators of the RAIL™ payment platform for restaurants, today announced that it has partnered with MagTek to encrypt sensitive card data at the point of swipe and offer restaurant customers the most secure and reliable pay-at-the-table experience.
"By utilizing MagTek's MagneSafe™ Security Architecture in the development of the RAIL, we're not only able to protect restaurant guests from card data theft, but provide restaurant operators with a payment platform that shortens their path to PCI compliance," said Joe Snell, CEO of Viableware. "Combining MagneSafe hardware and an extensive suite of cloud-based payment protection services from Magensa (a wholly-owned subsidiary of MagTek), the RAIL can help restaurant operators introduce advanced security features such as data encryption, card authentication, and device-host authentication – all of which are key components to running a PCI compliant payment process."
MagTek has embedded its technology directly onto a microchip secured inside the RAIL's magnetic reading head that combines advanced encryption, token generation and dynamic authentication of both cards and the reader itself. MagTek's technology is able to encrypt sensitive card data at the point of swipe by using a unique encryption key with every transaction. Additionally, its card authentication technology, MagnePrint®, has the ability to identify fraudulent cards in real-time and alert the restaurant, enabling management to stop fraud before it occurs.
"Ensuring the transaction security of every restaurant guest is more important now than in any time in the past, as instances of card data theft continue to make headlines around the country," said Mimi Hart, CEO of MagTek. "One of the best precautions restaurants can employ is to issue a RAIL device to every member of their wait staff. Payment cards remain visible to their customers, the cardholders. Card information will be captured securely and responsibly by MagTek technology, and not fall into criminal hands."
For more information on the RAIL payment platform for restaurants, please visit www.viableware.com.
Since 1972, MagTek has been a leading manufacturer of electronic devices and systems for the reliable issuance, reading, transmission and security of cards, checks, PINs and other identification documents. Leading with innovation and engineering excellence, MagTek is known for quality and dependability. Its products include secure card readers, check scanners, PIN pads and distributed credential issuing systems. These products are used worldwide by financial institutions, retailers, hotels, law enforcement agencies and other organizations to provide secure and efficient electronic payment and identification transactions.
Today, MagTek continues to innovate with the development of a new generation of security-centric products secured by MagneSafe™. By leveraging strong encryption, secure tokenization, real time authentication and dynamic payment card data, MagneSafe products enable users to assess and validate the trustworthiness of credentials used for online identification, payment processing, and other high-value electronic transactions.
MagTek is based in Seal Beach, California and has sales offices throughout the United States, Europe, and Asia, with independent distributors in over 40 countries. For more information, please visit www.magtek.com.
Viableware designs, builds and sells software and hardware products designed to increase waiter efficiency, provide restaurants with new marketing and communication applications, and eliminate credit card information theft. For more information on Viableware, visit www.viableware.com.