With PCI PED 2.0 Certification in Hand, HomeATM Targets Funds Transfers
HomeATM Announces Strategic Partnership to Deploy 250,000 Terminals with Major Remittance Provider
FOR IMMEDIATE RELEASE
PRLog (Press Release) – Apr 08, 2009 – Chicago: HomeATM ePayment Solutions, a leading provider of secure hardware and software solutions, today announced that it has signed a contract with a major remittance provider to provide 250,000 Safe-T-PIN (TM) terminals to it's customers.
The Safe-T-PIN point of sale terminal, manufactured by HomeATM, is the first ever Internet PED to achieve PCI PED 2.0 certification from the Payment Card Industry. Safe-T-PIN provides secure two factor authentication for e-commerce transactions and secure log-in.When combined with HomeATM's proprietary electronic money transfer platform, the SafeTPIN allows consumers and businesses alike, to swipe any bank card, enter their PIN and transfer money in real-time to the recipient.
With the HomeATM Funds Transfer application, it's no longer necessary to go through the hassles of driving or walking to a money transfer location to send or receive money. It can be done in the safety of your own home in real time. HomeATM also eliminates the burden of having to preload third party cards...simply swipe your existing bank card, enter your PIN and send. The recipient swipes their bank card, enters their PIN and receives. Nothing could be more simple.
The pocket-sized Safe-T-PIN(TM) is USB "plug and play," eliminating the need for drivers or downloads. Additionally, it works with any operating system or browser. The device provides users with the added convenience of swiping their cards versus keying in their numbers and will work with any bank, card processor, and currency. The significance of this feat is that bank/military grade encryption (including 3DES and DUKPT key management) of financial data from beginning to end, is now affordable to the masses.
SourceMedia's ATM&Debit News has featured HomeATM on a front page article in their latest issue which you can access at www.HomeATMBlog.com
About HomeATM's Safe-T-PIN (tm)
The HomeATM Safe-T-PIN is the world's only PCI PED 2.0 Certified E-Commerce Device. Employing Tripe DES Encryption and DUKPT Key Management, it provides complete end-to-end encryption protecting the users card data from beginning to end.
About HomeATM
HomeATM owns a global patent for secure Internet PIN based transactions. Leveraging our E2EE PCI 2.0 PED certified solution, a merchant or remitter can move funds from their bank account or open loop/closed loop payment card in real-time. Utilizing HomeATM's patented solution with a bank issued card alleviates the burden for merchants to address fraud issues as HomeATM leverages the issuing bank's KYC/AML (Know Your Customer/Anti-Money Laundering) protocols. No other payment solution serves Person-to-Person, Business-to-Consumer, Business-to-Business, and Mobile Payments with the speed, security and cost-effectiveness of HomeATM. HomeATM is EMV ready and already enjoys strategic relationships with Cardinal Commerce and UATP.
For further information, visit: www.HomeATMBlog.com or contact Mitchell Cobrin, COO mcobrin@HomeATM.net
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