NRF 2018 NEWS: Oracle and FreedomPay Deliver Future of Consumer Payments at New York's Jacob K. Javits Center
At NRF 2018, Oracle Hospitality, a provider of hardware, software and services to hospitality operators, and FreedomPay, a provider of secure commerce technology for lodging, gaming, retail, restaurants, stadiums and other hospitality merchants, announced their collaboration to provide secure payment processing for conference attendees at the Jacob K. Javits Center in New York City. The companies have integrated FreedomPay's Advanced Commerce Platform with Oracle Hospitality's MICROS point-of-sale devices to provide full EMV support to more than 175 events annually supporting more than 35,000 global companies.
The customer facing devices, as well as the handheld pay-at-table devices, support EMV contact and contactless payments – enabling patrons from around the world to easily leverage their local bank-issued payment cards. Furthermore, the contactless EMV support enables customers to save valuable time by simply tapping their payment card on the reader versus inserting their card into the device, the combined payment solution enables consumers to utilize the payment options they desire.
The integration between FreedomPay and Oracle Hospitality is another example of Oracle delivering additional value for hospitality customers through integrations that extend the value of POS investments. In addition to providing durable and compact point-of-service terminals, Oracle Hospitality offers a fully integrated portfolio of hardware and software solutions that enable food and beverage operations to streamline managerial tasks, increase speed of service and elevate the guest experience.
The FreedomPay Advanced Commerce Platform is one of the first the first PCI-validated point-to-point encryption (P2PE) solution with EMV, NFC, Dynamic Currency Conversion and real-time data capabilities that delivers on a global scale. With P2PE, valuable consumer payment data is protected from the moment the card is inserted into the MICROS point-of-sale device, in transit, and at rest in the merchant's environment. FreedomPay is Platinum level member of Oracle PartnerNetwork (OPN).
FreedomPay and Oracle help secure payments for consumers across multiple verticals throughout the United States, including food and beverage, hospitality, retail and travel. The "Secured by FreedomPay" image appearing on the Oracle MICROS point-of-sale devices assures customers that their transactions are protected to exceed some of the most stringent payment transaction security requirements currently available. FreedomPay is Platinum level member of Oracle PartnerNetwork (OPN).
NRF 2018 attendees who spot the "Secured by FreedomPay" image on payment terminals within the Javits Center are encouraged to participate in FreedomPay's #SecuredbyFreedomPay" social media prize giveaway. Additional details are available at http://corporate.freedompay.com/blog_article/show-us-you-are-securedbyfreedompay/.
Oracle Hospitality hardware solutions including the recently announced Oracle MICROS Compact Workstation 310 will be available for demo at the National Retail Federation Big Show Jan. 14-16, 2018, in New York City at the Jacob K. Javitz Convention Center. Oracle Hospitality will be located within the Oracle Retail booth #3521