Future POS Certifies to Vantiv Integrated Payments for EMV Solution

BUTLER, PA “ FutureˆPOS,ˆInc.,ˆaˆtopˆfiveˆsoftwareˆdeveloperˆofˆrestaurantˆpointˆofˆsaleˆsystems,ˆhasˆpartneredˆwithˆVantivˆIntegratedˆPaymentsˆ(NYSE:ˆVNTV)ˆaˆproviderˆofˆpaymentsˆtechnologyˆandˆservicesˆforˆsmallˆandˆmedium-sizedˆbusinessesˆ(SMBs),ˆtoˆintroduceˆaˆcomprehensiveˆfully-integratedˆEMVˆprocessingˆsolutionˆforˆtheˆUnitedˆStatesˆmarket.ˆThisˆnew,ˆEMV-enabledˆinterfaceˆisˆavailableˆwithˆFutureˆPOS’sˆFutureˆFusionˆproduct.

ThisˆEMV-enabledˆinterfaceˆincludesˆEndˆtoˆEndˆEncryptionˆ(E2E)ˆasˆwellˆasˆtheˆabilityˆtoˆacceptˆpaymentsˆmadeˆwithˆNFCˆtechnologyˆwithˆappsˆsuchˆasˆApplePayˆandˆGoogleˆWallet.ˆThisˆsolutionˆwillˆworkˆseamlesslyˆwithˆFutureˆPOS’sˆlatestˆversionˆofˆFutureˆFusionˆandˆcanˆbeˆutilizedˆwithˆtheˆVerifoneˆVXˆ805.

Vantiv’sˆnewˆsemi-integratedˆEMVˆsolutionˆforˆFutureˆPOSˆincludes:

  • EMVˆTransactionˆSupportˆ-ˆTheˆabilityˆtoˆprocessˆin-storeˆEMVˆtransactions.
  • EndˆtoˆEndˆEncryptionˆ-ˆEveryˆcardˆtransactionˆisˆfullyˆencrypted,ˆneverˆtouchingˆtheˆPOSˆsystemˆandˆreducingˆtheˆriskˆofˆdataˆcompromise.
  • IntegratedˆGiftˆCardˆ-ˆManyˆsolutionsˆareˆrequiringˆseparateˆMSRsˆtoˆprocessˆgiftˆcards,ˆbutˆFutureˆPOS’sˆsolutionˆallowsˆtheˆEMVˆdeviceˆtoˆdoˆbothˆcreditˆandˆgift.
  • TheˆabilityˆtoˆacceptˆApplePayˆandˆAndroidPay,ˆallowingˆforˆcontactlessˆpaymentsˆusingˆaˆsmartphone.

JohnˆGiles,ˆPresidentˆofˆFutureˆPOS,ˆIncˆsaid,ˆ”WhileˆmostˆISOsˆandˆISVsˆareˆlaggingˆbehindˆinˆtheˆadoptionˆofˆEMV,ˆforwardˆthinkingˆpartnersˆlikeˆVantivˆIntegratedˆPaymentsˆareˆinvestingˆinˆtheˆtechnologyˆthatˆwillˆprotectˆtheirˆmerchants.ˆFutureˆPOSˆhasˆaˆhistoryˆofˆpartneringˆonlyˆwithˆbest-ˆMarketingˆContact:ˆKellyˆGiles,ˆViceˆPresidentˆ724.290.1595ˆKelly_Giles@futurepos.comˆof-breedˆcompaniesˆthatˆshareˆourˆcommitmentˆtoˆdeliveringˆcuttingˆedgeˆsolutions,ˆandˆourˆVantivˆEMVˆsolutionˆisˆsecondˆtoˆnone.

“Theˆalarmingˆtrendˆweˆhaveˆseenˆisˆthatˆtheˆchargeˆbacksˆtoˆmerchantsˆthatˆwereˆsupposedˆtoˆbeˆonlyˆforˆfraudulentˆcardsˆhasˆbeenˆextendedˆtoˆincludeˆvirtuallyˆallˆchargeˆdisputes,ˆaddedˆGiles.ˆ”Weˆactuallyˆhadˆaˆrestaurateurˆwhoˆhadˆ$15,000ˆinˆchargebacksˆsimplyˆbecauseˆtheyˆdidn’tˆhaveˆanˆEMVˆreaderˆandˆtheˆcardholderˆdisputedˆtheˆcharges.ˆWhatˆwasˆgoingˆtoˆoriginallyˆbeˆanˆinsignificantˆamountˆofˆchargebacksˆtoˆrestaurateursˆhasˆturnedˆintoˆaˆcripplingˆamountˆofˆrealˆliabilityˆinˆaˆveryˆshortˆperiodˆofˆtime.ˆWeˆoweˆitˆtoˆourˆcustomersˆtoˆmakeˆsureˆtheyˆareˆprotectedˆfromˆanˆonslaughtˆofˆchargebacks,ˆvalidˆorˆotherwise.

“VantivˆisˆproudˆtoˆpartnerˆwithˆFutureˆPOS,ˆaˆleadingˆindependentˆsoftwareˆsolutionˆservingˆtheˆHospitalityˆmarket.ˆFutureˆfocusesˆonˆservingˆitsˆresellersˆandˆrestaurantsˆwithˆbest-in-classˆtechnologyˆsolutionsˆandˆofferingˆaˆholisticˆapproachˆtoˆallˆtypesˆofˆfraudˆthatˆrestaurantˆoperatorsˆface.ˆWeˆareˆlikedˆmindedˆaboutˆpaymentsˆandˆPOSˆsecurity,ˆstatedˆMattˆDowns,ˆHeadˆofˆBusinessˆandˆChannelˆDevelopmentˆforˆVantivˆIntegratedˆPayments.

Forˆmoreˆinformationˆaboutˆthisˆexcitingˆpartnership,ˆvisitˆwww.FuturePOS.com.

About Future POS
FutureˆPOSˆisˆoneˆofˆtheˆtopˆ5ˆpoint-of-saleˆsoftwareˆpackagesˆforˆtheˆhospitalityˆindustryˆandˆregularlyˆwinsˆprestigiousˆawardsˆsuchˆasˆtheˆRSPAˆGoldˆMedallionˆVendorˆofˆExcellenceˆinˆ2015.ˆOurˆstateˆofˆtheˆartˆsoftwareˆisˆusedˆinˆsomeˆofˆtheˆmostˆprominentˆfineˆdiningˆrestaurants,ˆmajorˆchains,ˆbars,ˆandˆnightclubsˆaroundˆtheˆworld.ˆWeˆofferˆrestaurateursˆtheˆmostˆpowerful,ˆrobustˆpointˆofˆsaleˆsolution,ˆwithˆfeaturesˆandˆoptionsˆthatˆwillˆmakeˆyourˆestablishmentˆmoreˆefficientˆandˆprofitable.ˆSomeˆofˆourˆinnovativeˆoptionsˆinclude:ˆDigitalˆSignage,ˆIntegratedˆSurveillance,ˆTablesideˆOrdering,ˆEnd-to-EndˆEncryption,ˆandˆtheˆonlyˆMobileˆPOSˆforˆbothˆAppleˆandˆAndroidˆplatforms.ˆOurˆknowledgeˆandˆexperienceˆinˆtheˆindustryˆisˆunrivaled,ˆandˆweˆunderstandˆtheˆmissionˆcriticalˆnatureˆofˆrestaurantˆPOS.ˆIfˆit’sˆnotˆFutureˆPOS,ˆit’sˆjustˆaˆP.O.S.!