ProPay launched a new MicroSecure Card Reader designed for mobile, small and home-based merchants who accept credit and debit card payments in face-to-face transactions. Credit or debit card information is encrypted at swipe and stored in coded form for later processing or is transmitted and processed real-time through ProPay's secure virtual terminal from any Internet-connected PC.
Greg Pesci, ProPay Executive Vice President of Business Strategy, said, "Rather than expecting these smaller merchants to spend vast sums of money on PCI compliance or to learn how to secure their systems from every possible breach, they can use the ProPay MicroSecure Card Reader to remove cardholder data from their systems altogether. By removing the data, they can remove most, if not all, of the cardholder data security risks."
The ProPay MicroSecure Card Reader is being released at an introductory price of US$99 plus a small monthly support fee.
http://www.propay.com/SPC