New payment processing security feature of Aloha POS software uses token replacement of credit card numbers to reduce burden of PCI compliance
ATLANTA--(BUSINESS WIRE)--Radiant Systems, Inc. (Nasdaq: RADS) today announced the release of Token Replacement, a new payment security feature that allocates a unique identifier, or token, to cardholder data at the RBS WorldPay host to prevent personal information from being stored on the point of sale.
“Token Replacement allows restaurant owners to place a greater focus on their operations by helping to ensure payment processing occurs in a secure environment,” said Jeff Hughes, vice president of hosted solutions at Radiant Systems. “Unlike other competitive alternatives, there are no additional transaction fees associated with our Token Replacement feature. This is one of many examples of how Radiant is striving to help our customers better manage data security.”
Token Replacement is designed as a point-of-sale feature that is tightly integrated into the latest version of the Aloha POS. When credit cards are swiped, data is first sent to the secure RBS WorldPay host, which then processes the payment and returns a unique token identifier to the POS for future reference. In addition, the seamless integration of Token Replacement with Aloha POS software increases speed of service by reducing processing time to let sales happen faster and maximize profits.
“As Payment Card Industry Data Security Standards (PCI DSS) continue to change and evolve, it is important for technology and payment processing companies to proactively provide a range of technical solutions to help merchants reduce risk,” said Ian Drysdale, senior vice president of market development at RBS WorldPay. “RBS WorldPay and Radiant developed Token Replacement in response to our clients’ desire for solutions that help reduce the burden that PCI compliance has placed upon many hospitality and retail merchants.”
About Radiant Systems, Inc.
Headquartered in Atlanta, Radiant Systems, Inc. (Nasdaq: RADS) is a global provider of innovative technology to the hospitality and retail industries. For more than two decades, Radiant's point of sale hardware and software solutions have helped to redefine the consumer experience in more than 100,000 restaurants, retail stores, stadiums, parks, arenas, cinemas, convenience stores, fuel centers and other customer-service venues. Radiant has offices in North America, Europe, Asia and Australia. For more information about Radiant Systems:
About RBS WorldPay™
RBS WorldPay, Inc. is a leading, single-source provider of electronic payment processing services – including credit, debit, EBT, checks, gift cards, e-commerce, customer loyalty cards, fleet cards, ATM processing and cash management services. RBS WorldPay is the U.S.-based payment processing division of the Royal Bank of Scotland Group plc. For more information, please visit www.RBSWorldPay.us.
About The Royal Bank of Scotland Group (RBS)
The RBS Group is a financial services company providing a range of retail and corporate banking, financial markets, consumer finance, insurance, and wealth management services. The RBS Group operates in the Americas, Asia and the Middle East serving more than 40 million customers. For more information, please visit www.RBS.com.
