September 21, 2015 – Ziosk, maker of the world’s first ordering, entertainment and pay-at-the table tablet, announced today that it has launched an industry first, security and payment solutions suite for its restaurant partners that includes: Apple Pay, Google Android Pay, Europay MasterCard Visa (EMV) smart card, and Point-to-Point Encryption (P2PE). P2PE technology helps to ensures sensitive credit and debit card data is protected immediately from first card swipe or key-entry, while in transit, all the way to the payment processor.
To provide P2PE to restaurants, Ziosk partnered with Element, a Vantiv company (NYSE: VNTV), which is the second largest merchant acquirer and the largest PIN debit acquirer in the U.S., providing technology and processing services for merchants and financial institutions of all sizes. Element’s Transform P2PE technology provides industry leading Payment Card Industry Data Security Standard (PCI DSS) compliant technology for Ziosk to effectively remove the necessity to transmit and store all sensitive card data.
By combining EMV, with technology to accept Apple Pay and Google Android Pay offerings, along with P2PE and tokenization, Ziosk provides a turnkey security payment solution that equips restaurants with the highest level of credit card protection for its customers.
“Ziosk is revolutionizing pay-at-the-table solutions by providing guests more secure, innovative and efficient ways to pay at restaurants,” said Austen Mulinder, CEO of Ziosk. “This technology was embedded in the existing hardware and was central to our long-term vision to accommodate mobile payment and enhanced security offerings. Our solution provides both new and existing restaurant partners a cost effective approach to comply with EMV migration, while providing a more secure and efficient capability to accept mobile payments on the Ziosk.”
To take advantage of this offering, guests can either swipe or dip their payment cards or activate Apple Pay or Android Pay. This data is then encrypted, passed through the payment gateway, and then sent to Vantiv, the merchant acquirer. Subsequently, Vantiv returns a token that passes again through the secure gateway to the point of sale (POS) inside the restaurant and completes the transaction.
“We are extremely pleased to be partnering with Ziosk to deliver the highest level of payment security to its casual dining customers. As pioneers of tokenization, integrated hosted payments and P2PE, we are uniquely positioned to provide a sophisticated, layered security approach to the entire payment ecosystem,” said Matt Taylor, Group President, Integrated Payments and Emerging Channels at Vantiv.
P2PE is now active in more than 400 restaurants and available to all restaurants working with Ziosk to provide more sophisticated, pay-at-the-table security. Apple Pay and Google Android Pay, which are part of the EMV solution, will provide greater mobile wallet options for guests and will begin accepting orders on Jan 1, 2016.