Way
Systems Unveils one of the World's Smallest Mobile PCI-PED POS
Terminals Powered by
Innova Card's USIP®
La
Ciotat, France, May 2, 2008
- Innova Card, a leading provider of secure hardware and software
solutions, today announces that the way5000, the newest product from
WAY Systems, has been PCI PED approved.
The way5000 mobile point of
sale terminal from WAY
Systems is touted as one of the most compact, integrated wireless POS
devices on the market. The pocket-sized terminal measures 5 x 2.25 x 1
inches / 127 x 51.15 x 25.4 mm and can donwload new applications or
updates over-the-air (OTA). The way5000 works anywhere a cell phone
works and is certified for use on the networks of all major U.S.
processors. The terminal has both magnetic stripe and contact-type chip
readers, large backlit display, joystick for menu navigation and extra
ports for USB and peripheral antenna. The device will be available to
ship later this year.
The way5000 features USIP®,
the powerful Secure
32-bit microcontroller developed by Innova Card that provides a wide
range of security features such as DPA/SPA resistant cryptographic
functions (AES, 3DES, RSA, ECC), external on-the-fly memory encryption
and active tamper detection and protection.
USIP® platform comes with a
compliant GPD/STIP
middleware from Trusted Logic that enables to quickly develop a secure
POS terminal complying with the demanding EMV and PCI-PED requirements.
The unique combination of USIP and GPD/STIP middleware gives the
way5000 an unmatched flexibility for running multiple feature-rich
applications and answering specific customer's requirements.
"This
latest approval is another very psoitive step for WAY Systems and
allows us to continue to bring truly mobile POS terminals to mobile
merchants everywhere," said Randall Wheeler, CMO & Worldwide
Sales.
He added: "Innova Card has provided a unique secure microcontroller
that keeps WAY aligned with the current security standards."
Samuel
de Saint Laurent, Innova Card's EMEA Sales Director, underlines: "We
are excited about this new security certification. The way5000 is a
powerful pocket-sized multi-application POS terminal that can address
the booming market of mobile payment terminals."
About
Way Systems
WAY Systems designs, develops,
tests and delivers
end-to-end payment solutions for mobile merchants all over the world.
WAY Systems' products and services are designed to meet the payment
transaction needs of mobile merchants and exceed industry security
standards. It empowers merchants to conduct business any time any where
and increases their revenue by accepting credit and pin based debit
cards. WAY's innovative mobile POS devices and dedication to service
make it the ideal partner for customers to conduct Transactions Without
Boundaries. Users of WAY terminals are invited to explore the limitless
possibilities of commerce. WAY Systems is the exclusive licensee of
Accessor technology from Fractal Commerce Inc. for pocketsize mobile
merchant point of sale devices. This technology is protected by
worldwide patents and patents pending.
For further information, visit
http://www.waysystems.com.
About
Innova Card
Founded in 2002 in
France, Innova Card develops
and markets complex Systems-on-Chip and secure hardware and software
solutions for a variety of trusted terminals (EFTPOS, PINPAD, smart
card readers, etc.) and applications (payment, healthcare,
transportation, tax control, etc). Innova Card's solutions are based on
USIP® Professional IC, the most secure and integrated platform (EMV and
PCI-PED 2.0 compliant). Innova Card is the only company that offers
global solutions to support terminal manufacturers from design to
production while achieving advanced security level.
For further
information, visit http://www.innova-card.com.
Media Contact
INNOVA CARD
Christelle Carbonnel
Communication Manager
Tel: +33 4 42 98 14 80
WAY Systems
John Malone
Marketing Director
Tel: +1 781 569 2313