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Table of Contents

Lead Story

Financing options proliferate in payments sphere

News

Industry Update

It's a Square world after all

Patent infringement ruling favors card brands

PCI SSC releases encryption update

NY attorney general files suit against POS leasing firm

Trade Association News

Features

Harnessing the power of questions

The art of social media speak

Selling Prepaid

Prepaid in brief

What prepaid can learn from the EPA

Plastic Jungle unlocks new meaning of money

Views

Mobile technology and the acquiring chain

Mustafa Shehabi
PayCube Inc.

Education

Street SmartsSM:
How to avoid that 'What just happened?' moment

Jeff Fortney
Clearent LLC

Experts reveal their social media strategies

Peggy Bekavac Olson
Strategic Marketing

Ace your sales interview

Alan Kleinman
Meritus Payment Solutions

Don't let your processor do this to you

Adam Atlas
Attorney at Law

Are you leaving your mark on merchants?

Steve Norell
US Merchant Services Inc.

New Products

Award-winning network security system

Phoenix PaySecure
Phoenix Managed Networks

Loyalty packs a punch

vPunch Rewards
vPromos Inc.

Inspiration

Go with the tech flow

Departments

10 Years ago in
The Green Sheet

Forum

Resource Guide

Datebook

Skyscraper Ad

The Green Sheet Online Edition

May 14, 2012  •  Issue 12:05:01

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New Products

Award-winning network security system

Product: Phoenix PaySecure

After winning The Designers Institute of New Zealand bronze award for product design, Auckland-based Mako Networks knew it was on track with the Mako 6500 network security appliance.

The next step was to take the product global, so Mako partnered with U.S.-based payment communications and gateway provider Phoenix Managed Networks. Jointly they launched Phoenix PaySecure at the 2012 Electronic Transactions Association Annual Meeting & Expo. "PaySecure is uniquely designed to simplify payment security and merchant compliance with the Payment Card Industry [PCI] Data Security Standard [DSS]," said John J. "Jack" McDonnell, Chairman and Chief Executive Officer of PMN. "The solution is based on a combination of Mako Networks' technology and Phoenix's expertise in providing resilient, cloud-based network services."

Under the terms of a multimillion dollar agreement, Mako will provide its award-winning hardware and software-based service to PMN, which will serve as distributor and operator of a central management system that delivers cloud-based security management and PCI DSS compliance support to card-present merchants and small to midsize businesses.

The fully managed firewall service, which includes the Mako plug-and-play router, was designed to simplify merchant PCI accreditation through rapid deployment, as well as manage a host of in-store data applications. If the system detects a breach attempt or unauthorized device, the merchant receives a real-time alert. PaySecure also allows merchants to monitor store locations, set up web content filtering and obtain detailed status reports via its dashboard.

According to PMN, PaySecure is the world's first Level 1 PCI-certified network managed system of its kind. And it provides an affordable, continuous PCI compliance solution for card-present merchants that offers managed firewall protection for broadband merchant locations as well. Other features included within the payment gateway are recurring credit and automated clearing house payments, shopping cart integration, tokenization and end-to-end encryption.

"Our industry has an obligation to do more to assist merchants with achieving PCI standards," stated Matthew Mudd, President and Chief Operating Officer of PMN. "PaySecure is a flexible, simple and powerful solution that will allow a variety of market participants to do their part in enhancing merchant security and protecting the reputation of the electronic payments industry."

As a value-added service, PaySecure can be white-labeled by ISOs and merchant level salespeople and bundled with their existing merchant offerings, the company stated.

Phoenix Managed Networks
703-230-7600
www.phoenixmanagednetworks.com

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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North American Bancard | Harbortouch | USAePay | IRISCRM.COM | Humboldt Merchant Services