Seal Beach, CA, October 16, 2017 - MagTek, Inc., the world's leading supplier of secure payment technology, today announces the launch of the oDynamo, MagTek's newest OEM Secure Card Reader Authenticator. The oDynamo provides reliable and secure reading of magnetic stripe and chip card data, MagTek's oDynamo is the ultimate card reading component for the growing unattended payment terminal market.

Designed to fulfill the wide-ranging needs of gas pumps, ATMs, vending machines and other unattended payment applications, the oDynamo is an ideally suited solution to these demanding business verticals. Built to be highly connective, the oDynamo supports multiple communication protocols and offers a host of interfaces including USB, UART and Ethernet. MagTek's oDynamo also easily integrates with PIN pads and NFC modules.

"The oDynamo provides manufacturers of POS equipment an opportunity to easily integrate EMV and MSR functionality into their unattended terminal applications," says Tom Coduto, Vice President and General Manager of MagTek's OEM Solutions Business Unit. "The oDynamo provides the foundation for payment systems that require EMV, MSR and NFC."

Unattended payment terminals need to function in the most challenging environmental conditions. The oDynamo is built to meet these challenges. Housed in a sealed chassis, MagTek's oDynamo is impenetrable to liquid and other harmful environmental elements. The oDynamo delivers anti-skimming technology in a Tamper Resistant Security Module; making PCI-PTS compliance and SRED certification even easier.

For more information about MagTek and oDynamo, please visit our web site at https://www.magtek.com, or see us at PEI at the NACS Show 2017, at McCormick Place, Chicago, IL, October 18 - 20th, Booth # 7585.

About MagTek

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.