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ShopKeep Bolsters Security Features with Apple Pay and EMV Enabled Device [Manufacturing Close - Up](Manufacturing Close - Up Via Acquire Media NewsEdge) ShopKeep reported that it is strengthening the security of its product with the release of an NFC for Apple Pay enabled card reader. According to a company release, this new card reader brings the latest advancement in US payment technology to thousands of merchants. It also provides merchants and consumers with an added layer of security because of the two-factor authentication needed for EMV smart card payments (chip and pin) and contactless payments, such as Apple Pay (biometrics and tokenization). "From the day ShopKeep was launched, we offered our merchants card readers with point-to-point encryption to safeguard against hackers capturing, counterfeiting and selling their customers' payment data," said Norm Merritt, president and co-CEO of ShopKeep. "We pride ourselves on supporting small business owners in their quest to be successful, and that includes security. Apple Pay and EMV represent the future of the payment industry and we are strengthening our commitment to keeping merchants ahead of the curve." In addition, with EMV compliance becoming mandatory next year, the liability for fraudulent credit card transactions will shift to the merchants. ShopKeep's new card reader will safeguard business owners against this potential risk and other secure transaction vulnerabilities. This new card reader will be available for purchase beginning in November 2014. ShopKeep provides cloud-based point of sale software for managing retail shops, bars and restaurants. More information and complete details: http://www.shopkeep.com ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. |