MagTek introduces tDynamo, a versatile three-way Secure Card Reader Authenticator
Seal Beach, CA, January 13, 2017 - MagTek, the world's leading supplier of securepayment technology, today announces the launch of the tDynamo, MagTek's newest offering into the fast-growing field of secure credit card readers. The tDynamo captures attention by accepting Magnetic Stripe, Chip Card and Contactless Payments in a compact, secure, sleeklydesigned device.
The tDynamo is designed to adapt to the needs of the merchant. With its ability to switch easily between Counter Top and Mobile platforms, merchants can securely accept payments in any situation or environment that arises. The compact form factor delivers an unobtrusive fixed or mobile POS, while at the same time providing a long, smooth swipe-path that delivers one of the highest first swipe read rates in the industry.
"Customers have to ask themselves if they need a countertop or mobile card reader. tDynamo gives them both," says John Arato, MagTek's Vice President and General Manager for Retail Products. "Whether they want a fixed POS by the door, or they want to allow line busting mobile payments on the floor, the tDynamo offers the flexibility for users to create the best payment experience for them."
A small, versatile secure card reader authenticator, the tDynamo packs quite the security punch. Data is protected and encrypted the moment it is swiped, tapped or dipped. Employing open, 3DES end-to-end encryption and industry standard DUKPT key management, the tDynamo offers vast platform flexibility as well as simple integration.
The tDynamo solves the issue for merchants wanting to achieve PCI and EMV compliance and protect their customers' data. Utilizing a highly secure card reader authenticator in such a simply designed and flexible form factor, many merchant requirements pertaining to their payment experience needs are met fully by the tDynamo.
For more information about MagTek and tDynamo, please visit our web site at https://www.magtek.com, or see us at the Big Show, booth #3173, National Retail Federation Annual Conference and Expo, January 15-17 at the Jacob Javits Center, New York, NY.
About BridgePay Network Solutions, LLC
BridgePay Network Solutions, LLC (BridgePay) is a transaction payment gateway and application development company based in Altamonte Springs, Florida. BridgePay provides turnkey solutions by utilizing industry-leading data security technology and web-based solutions. The ever increasing demands of EMV and PCI compliance on merchants and software vendors inspired BridgePay to provide an omni-channel solution that allows organizations accepting credit card payments to experience the same look and feel when a transaction is processed with their applications but reduces the scope of PCI compliance. For more information about BridgePay Network Solutions, visit us on Twitter, LinkedIn, or our website at www.bridgepaynetwork.com, or contact us at 407.960.6441.
Founded in 1972, MagTek is a leading manufacturer of electronic systems for the reliable issuance, reading, transmission and security of cards, checks, PINs and identification documents. Leading with innovation and engineering excellence, MagTek is known for quality and dependability. Its products include secure card reader/authenticators, token generators, EMV contact, contactless and NFC reading devices, encrypting check scanners, PIN pads and distributed credential personalization systems for secure magstripe and EMV enabled cards. These products are used worldwide by financial institutions, retailers, and processors to provide secure and efficient payment and identification transactions.
Today, MagTek continues to innovate. Its MagneSafe™ Security Architecture leverages strongencryption, secure tokenization, dynamic card authentication, and device/host validation enabling users to assess the trustworthiness of credentials and terminals used for online identification, payment processing, and 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.