INDEX Payment Security Solutions
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Summary
Its proprietary kernel has also received Level 2 certification from EMVCo for significant performance optimization. The company transmits payment data directly from the PIN pad to the processor, thereby fully removing the POS from the PCI scope. Moreover, the card data is transmitted using the Index 2048-bit RSA encryption algorithm. The company manages the transmission of card data to payment processors through its cloud-based PCI Level 1 gateway, which removes the burden of deploying an on-premises server or managing a direct integration with payment processors. Other solutions in Index’s product portfolio include an eReceipt solution and Armada, which enables the management of PIN pad devices from a single console.
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INDEX - PAYMENT SOFTWARE SOLUTIONS Presence in
Payment Security Solutions
Index proved its innovative capability through the launch of an advanced version of its EMV chip in October 2016. The technology is proven to be a revolutionary technology due to its high processing time, which leads to less waiting time at the payment counters. Currently, the technology is launched in the US market only. Index also assists its partners to offer innovative services to its customers. In line with this trend, Index provides its support to Facebook to measure how online ads are effective in increasing in-store visits and offline sales. Index provides its fast transaction processing solution, which consists of EMV with the Quick Chip technology, to its partner, DUMAC, a POS hardware, software, and services company.
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