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09/07/2016

QikServe Technology Certified by FreedomPay Commerce Platform

QikServe, a mobile order and payment platform provider, announced its technology was certified on the FreedomPay Commerce Platform. The integration allows QikServe to offer its hospitality customers a powerful and secure option for handling payments and transactions with PCI-validated point-to-point encryption (P2PE), and provides EMV (chip and pin) certification out-of-the-box.

QikServe’s patented ‘Waiter in Your Pocket’ technology lets guests order and pay for their food and drinks directly from a smartphone, web site or kiosk. The integration with FreedomPay’s Commerce Platform enables QikServe to quickly deploy mobile ordering solutions that require traditional and emerging payments technologies like magstripe, EMV, ApplePay and near-field communication (NFC).

In an industry-wide move to combat card fraud and counterfeiting, the United States is transitioning more than a billion payment cards, and upwards of 12 million credit card terminals, to the EMV standard. EMV chips are designed to prevent card fraud by authenticating each card-present transaction, but still leave clear text card data exposed to the merchant’s point of sale system.

The integration with FreedomPay’s platform, which is fully audited and validated according to the PCI Security Council’s Standards, means that all transactions have the sensitive cardholder data completely encrypted with P2PE and tokenized. So no cardholder data flows through its customers’ systems. The combination of EMV, P2PE and tokenization delivers a layered approach to payment security that significantly reduces the risk of card fraud while rendering cardholder data useless to hackers.

In addition, with FreedomPay’s EMV certification, QikServe customers do not have to undergo their own separate EMV certification, which is costly and time consuming. Both QikServe and FreedomPay are also Oracle Hospitality Partners, ensuring that hospitality operators using Oracle Hospitality Point of Sale solutions can quickly and easily benefit from the integrated offering.