The Green Sheet Online Edition

June 6, 2019 • 19:06:01

Subscription-based plans leverage secure MagTek technology

Magensa LLC, a payment protection gateway and subsidiary of MagTek Inc., launched Magensa Services, a suite of digital technologies designed to enhance and protect electronic transactions. Built on MagTek's heritage of dynamic card authentication and device/host authentication capabilities, the subscription-based services are available à la carte or bundled with MagTek hardware for end-to-end security and fraud detection, company representatives stated.

"It's an exciting time in payments," said John Arato, vice president and general manager, retail solutions at MagTek. "The payment industry is changing at a rapid rate and solution providers need to offer more solutions with maximum security. Magensa enables us to do just that."

"MagTek has always been known for reliable, durable solutions with built-in security," added Rebecca Robinson, marketing manager at Magensa. "Magensa expands on that tradition with highly dynamic security baked into numerous solutions and services."

Innovative technology stack

Robinson noted that Magensa's parent company, MagTek, has provided payments and identification technology for more than 40 years. The company's innovative solutions have been deployed across government, banking, payments and OEM sectors, she stated.

Both MagTek and Magensa meet the highest security standards, including TR-39 Visa-certified key injection facility, Mastercard Total Quality Management and PCI PTS requirements for secure manufacturing of PIN entry products. Magensa is a PCI Level 1 service provider. Magensa Services are designed to protect the identity, assets and safety of individuals and businesses, Robinson said, adding that its secure applications and services include the following:

Magensa's developer tools simplify onboarding and development, Robinson stated. Its proprietary browser facilitates development across multiple environments and operating systems.End of Story

Website: www.magtek.com Contact:john.arato@magtek.com

Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.

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