Product: Vx 670 wireless terminal
Company: VeriFone

Will consumers become reluctant to hand over their cards at the POS? This is a growing concern of the payments industry as card data breaches by hackers and unscrupulous employees make the headlines again and again. With the majority of retail breaches last year occurring at restaurants, VeriFone's Vx 670 pay-at-the-table terminal is a solution to the problem.

"Electronic payment is going to grow, and the criminal element is going to try to get that money out of there," Dave Faoro, VeriFone's Vice President of Product Security and Systems Architecture, told a packed audience at a Visa Security Summit March 8.

"Pay at the table has the potential of making consumers feel more secure," because diners don't have to give up their cards to servers, he added. A win-win solution, the new payment method enables restaurants to accept debit at the table and improves server productivity.

VeriFone's Vx 670 was certified in 2006 to meet the Payment Card Industry Data Security Standard to ensure secure PIN-based payment transactions.

The portable payment system is especially suited for pay-at-the-table applications and other mobile point-of-service uses, such as delivery and limo services. The unit employs the WPA (Wi-Fi Protected Access) standard of encryption.The tapered design and ergonomically balanced mid-point allow the device to fit comfortably even in small hands.

Designed with a white backlit display, the product features large backlit keys and incorporates an integrated thermal printer with a dual-tear bar, a communications module and a rechargeable battery.

The communications module can be configured with Wi-Fi for on-site wireless use or with general packet radio service (GPRS) cellular for mobile deliveries.

The triple-track card reader is bi-directional. The numeric keypad includes 10 soft-function keys and six screen-addressable keys.

The device is built on a 32-bit ARM9 microprocessor, with six megabytes of memory (including four megabytes of Flash). Other security features include 3DES encryption; end-to-end secure sockets layer encryption; Master/Session and DUKPT (derived unique key per transaction) key management; VeriShield file authentication; and tamper-resistant construction.

A study by VeriFone also found a surprising fact: Server tips increased significantly when customers paid at the table, in turn motivating servers to make the system work well.

VeriFone
800-VeriFone
408-232-7800
www.verifone.com