Equinox Payments and NCR Deliver EMV-certified Solution
Equinox L5000 Device and NCR Connected Payments Platform Eliminate Complexity of EMV Development, Integration and Certification
Customers with existing L5200/L5300 devices can enable EMV immediately via NCR’s Connected Payments platform. The devices utilize Connected Payments’ ability to support point-to-point encryption (P2PE), so that actual card data never enters the POS, drastically reducing the complexities associated with PCI compliance validation.
“We’re excited to offer NCR customers and VARs the ability to implement EMV and contactless payments while reducing the headaches associated with annual PCI compliance validation,” said Rob Hayhow, vice president, Equinox.
“Cloud technology allows us to offer this innovative solution with Equinox, resulting in a simpler and more direct path to EMV certification for our valued customers and partners,” says Ken Harris, Head of Business Development and Strategic Partnerships for NCR’s Payment and Security group. “EMV implementation is a highly complex and multi-faceted process – we are committed to doing everything we can to help merchants navigate and streamline that process, and more easily manage new payment adoption and regulatory compliance as a whole.”
Payment amounts are passed from the POS to the L5000 terminal, which encrypts the card data using Secure Reading and Exchange of Data (SRED) technology. The Connected Payments gateway routes transactions to the processor of choice for authorization, and reports the results back to the POS for transaction completion and receipt printing.
NCR Corporation (NYSE: NCR) is a leader in omni-channel solutions, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables nearly 550 million transactions daily across the
financial, retail, hospitality, travel, telecom and technology industries. NCR solutions run the everyday transactions that make your life easier.
NCR is headquartered in Duluth, Georgia with over 30,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries. NCR encourages investors to visit its web site which is updated regularly with financial and other important information about NCR.
Web site: www.ncr.com
Equinox Payments, founded in 2014, is looking beyond product features to rethink and reimagine the customer payment experience. For more information about Equinox, visit equinoxpayments.com.