Welcome!

Containers Expo Blog Authors: Luisa Milic, Sematext Blog, Pat Romanski, David Paquette, Elizabeth White

News Feed Item

Revel Systems Becomes First iPad Point of Sale System to Release "EMV" Processing in the U.S. with Future Launches Planned in Multiple Countries

Designed to Boost Security and Global Interoperability, Revel System's EMV Rollout Kicks Off in USA and Australia; UK, EU, Japan Next in Line

SAN FRANCISCO and NEW YORK, Jan. 14, 2013 /PRNewswire/ -- NRF Annual Convention & EXPO -- Revel Systems (www.revelsystems.com), the leader in iPad point-of-sale solutions, today announced it has become the first iPad point-of-sale (POS) system to provide EMV compatibility (device that allows the new standard of Chip and pin to allow processing on a Point of Sale system)  in the United States in anticipation of upcoming deadlines for EMV certification and PCI compliance that could potentially cost business owners thousands of dollars in fees and fines. With credit card fraud on the rise and standards set to change over the next few years, Revel Systems is leading the movement aimed at boosting security and global interoperability with integrated circuit (IC) cards and increasing the flexibility and customization that Revel's customers have come to expect for its retail, restaurant and grocery store iPad POS systems.

(Photo:  http://photos.prnewswire.com/prnh/20130114/SF41681)

"The industry at large is faced with a major need to reduce credit card fraud and increase security. Revel Systems is the first to anticipate impending changes for industry standards for point-of-sale," said Revel's co-founder and CTO Chris Ciabarra. "Integrating directly with EMV readers is the logical next step for us to provide the most innovative technology solutions to our customers and also give them the surest and most secure means to reach EMV certification by the 2016 deadline. To kick things off, we're successfully up and running in the U.S. and Australia—a first for a tablet POS system."

While EMV has been a global standard for reading and using IC cards – also known as "chip and PIN" cards – with POS systems and ATMs in much of the world for some time now, it is new to the U.S. markets. This announcement by Revel Systems for direct POS integration with EMV-enabled products in the United States as well as Australia is a move that marks the initial steps of a plan to eventually integrate with all major EMV providers. Specifically, the company's integration into payment solutions includes providers Ingenico Group and Australia-based Quest Payment Systems, with VeriFone Systems, the Genius platform and Tyro Payments to follow soon. The company also plans EMV integration in the UK, the EU and Japan.

What Business Owners Should Know About EMV:
Named for the integrated security chip and required user PIN number at the point of purchase, chip and PIN cards are considered a more secure payment processing method for both credit and debit cards than the magnetic swipe, which is currently the U.S. standard. Unlike magnetic swipes, chip and PIN cards cannot easily be hacked by computer codes, while the PIN number prevents employee theft and card-capturing fraud.

Until now, Revel Systems—like other tablet POS providers—required external hardware for EMV reading, which was slower and did not integrate directly into the POS. Now, however, Revel iPad POS system will speak directly with EMV devices, with reporting and tracking functions built directly into the Revel backend management console. "Direct integration can save over 5 seconds per transaction, which can equate to huge time and money savings for high-volume clients," Ciabarra added.

Important Deadlines to Remember:
Visa, MasterCard and others have put together a list of dates and deadlines for the universal adoption requirements for U.S. vendors, as follows:

  • Effective 1 April 2013 – Visa will require VisaNet acquirer processors to ensure that their systems support merchant EMV chip acceptance. More details can be found here: http://usa.visa.com/download/merchants/bulletin-us-acquirer-mandate-080911.pdf
  • Effective 2016 – All MasterCard compatible ATMs will be required to be EMV compliant, and all merchants will be expected to have EMV terminals. Visa and MasterCard will be placing the burden of EMV implementation on the merchant, requiring all merchants to have EMV-enabled hardware by 2016, with hefty fines on all non-adopters that get hacked or have lapses in credit card security.

These new standards mandate that for as little as a few hundred dollars, merchants can invest in EMV-enabled systems that would completely remove the need for PCI compliance in businesses. Visa similarly announced that merchants processing 95 percent of transactions through chip and PIN readers by 2015 would no longer need to maintain PCI compliance. PCI compliance, the current credit card security standard for U.S. businesses, costs thousands of dollars a year, with very hefty fines on non-compliant merchants.

About Revel Systems
Revel Systems was founded in 2010 in San Francisco, CA with the goal of changing the POS market. Founders Lisa Falzone and Chris Ciabarra developed a quick, intuitive, and secure iOS based point-of-sale system by combining cloud-based technology and the mobility of the iPad. Revel recently released a grocery store ready iPad POS system to add to their award-winning restaurant and retail software.  Revel Systems software offers a feature-rich Point of Sale solution with integrated payroll, inventory tracking, customer relationship management and more. With the introduction of the Revel Marketplace, Revel POS users can now even integrate directly into third party enhancements, such as mobile payments, online ordering, gift or reward cards and advance financial software suites.  Contact us for more information on the future of commerce at www.revelsystems.com.

Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
Chris Ciabarra
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=104573

Contact:        
David Oro
707-558-8585
[email protected]

SOURCE Revel Systems

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Akana has announced the availability of version 8 of its API Management solution. The Akana Platform provides an end-to-end API Management solution for designing, implementing, securing, managing, monitoring, and publishing APIs. It is available as a SaaS platform, on-premises, and as a hybrid deployment. Version 8 introduces a lot of new functionality, all aimed at offering customers the richest API Management capabilities in a way that is easier than ever for API and app developers to use.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....