PINpad/Swipe Reader is USB-compatible.
Press Release Summary:
USB-compatible IntelliPIN® encrypting PINpad/swipe reader simplifies, protects, and speeds transactions that require PIN entry and/or card swiping, while enhancing back-office automation and efficiency. Designed for minimal use of space, product allows users who deploy IntelliPIN with USB interface to benefit from port sharing and plug-and-play connectivity.
Original Press Release:
Magtek Releases USB-Compatible Intellipin Pinpad
Extends IntelliPIN's Security and Convenience Benefits to USB Users
CARSON, CA - APRIL 23, 2003 - MagTek, Inc., a global leader in electronic transaction technology, today released a USB-compatible version of its IntelliPIN® encrypting PINpad/swipe reader, ensuring that the security and convenience benefits of IntelliPIN technology will continue to be available as PC manufacturers fully embrace the USB standard.
MagTek's IntelliPIN is a secure PINpad/swipe reader that is already changing the way of doing business at financial institution branches and other consumer financial points of service. By deploying the IntelliPIN at the point of service, financial institutions and businesses simplify, protect, and speed transactions that require PIN entry and/or card swiping, while enhancing back-office automation and efficiency. Competitively priced and attractively designed for use where space is at a premium, the IntelliPIN is quickly becoming a standard accessory wherever consumer transactions are conducted.
"As USB becomes the universal interface for PC peripherals, we felt it was important to adapt the IntelliPIN to the USB standard, especially now that newer PCs are beginning to omit the keyboard and serial ports in favor of USB," said Sarah Irato, MagTek's Senior Vice President of Sales and Marketing. "With this release, the security and convenience benefits of IntelliPIN are fully available to those using the newest generation of computer hardware." Users who deploy the IntelliPIN with USB interface also enjoy all the technical benefits that have made USB such a popular standard, including simple port sharing and plug-and-play connectivity.
Although MagTek expects that the USB-compatible IntelliPIN PINpad will rapidly gain market share, especially among users with newer PC hardware, the company will continue to make the IntelliPIN available in keyboard wedge and RS-232 configurations, both of which are compatible with the vast majority of PCs in use today.
About MagTek, Inc.
Since 1972, MagTek has been a world leader in electronic transaction technology, from magnetic stripe card readers and writers, to MICR check readers and scanners, secure PIN issuance and cardholder verification systems. The company's products and components are in use today at point-of-sale (POS) and back-office locations in thousands of companies around the world. They are incorporated into kiosks and ATMs, banking consumer service terminals, custom retail point-of-sale (POS) terminals, and restaurant and hospitality equipment.
Recent MagTek innovations have included a MICR check reader and scanner to meet the growing demand for check conversion, high-reliability motorized card encoding technology, USB-enabled interface readers, an integrated consumer PIN selection and management system, and hybrid mag-stripe/smart card reader/writer technology. Mimi Hart, MagTek's President, has been a leading proponent of electronic payment standards for close to three decades. MagTek has 250 employees at its Carson, California headquarters and in sales offices throughout the United States, Europe, and Asia, and distributors in over 40 countries.
For More Information
Prospective customers are invited to visit www.magtek.com or call 800-421-5208, extension 6612 for full product specifications and sales contact information.
