Recent Rash of Breaches Heightens Need for "Secure" Internet PIN Transactions

HomeATM ePayment Solutions, a leadingprovider of secure hardware and software solutions, today announced theirnewest product, Safe-T-PIN™, has been Payments Card Industry (PCI)PIN Entry Device (PED) 2.0 certified.

The Safe-T-PIN point of sale device,manufactured by HomeATM, is the first ever Internet PED to achieve suchcertification.  Safe-T-PIN™ providessafer and more secure two factor authentication for e-commerce transactions andsecure log-in. 

The pocket-sized Safe-T-PIN™ is a ready to use USB “plug and play” device, thatrequires no user software installation and works with any operating system orbrowser.  The device provides users with the added convenience ofswiping their cards versus keying in their numbers (Swipe Don’t Type™), and will work with any bank,card processor, and currency.

The significance of this product is that the end to end security ofconsumer financial transactions on the web is now assured through the use of standard financial industryand military grade encryption combined with dual authentication, and is now availableand affordable for consumers worldwide.

HomeATM’s mission from it’s inception was to design,build and deliver an affordable POS device thatbrought End-to-End-Encrypted (E2EE) security and thus lower fees tomerchants and consumers alike. 

The Safe-T-PIN™ also allows authorized secure person-to-person (P2P) moneytransfers in real-time.  “We are proud of our engineering teamand extremely excited to provide a cost-effective solutionto those who can least afford fraud and risk,” said Ken Mages, CEO.

"The Safe-T-PIN™ exponentiallyreduces the likelihood of a breach and provides the dual authenticationsolution that e-tailers and money remittance companies have been seeking inorder to fill the current fraud/security void in secure transactions on theweb.  HomeATMis already in advanced discussions with several Fortune 100 companies and thiscertification will certainly result in expediting those talks.”

AboutHomeATM

HomeATM owns a global patent for secure Internet PIN basedtransactions.  Leveraging our E2EE PCI 2.0 PED certifiedsolution, a merchant or remitter can move funds from their bank account oropen loop/closed loop payment card in real-time.  Utilizing HomeATM’spatented solution with a bank issued debit or credit card alleviates theburden for merchants to address fraud issues as HomeATMleverages the issuing bank’s KYC/AML (Know Your Customer/Anti-Money Laundering)protocols.  No other payment solution serves P2P,Business-to-Consumer (B2C) Business-to-Business (B2B), and Mobile Payments withthe speed, security and cost-effectiveness of HomeATM.  HomeATM isEMV ready and already enjoys strategic relationships with Microsoft,Cardinal Commerce and UATP

For further information please visit: www.HomeATM.netor www.HomeATMblog.com or contact Mitchell Cobrin, COO mcobrin@HomeATM.net or514-207-5000

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