with Acculynk for PIN Debit Authentication
March 3, 2011
Payments processor Heartland Payment Systems said it has
partnered with Atlanta neighbor Acculynk to provide the software provider’s
Internet PIN debit solution to Heartland’s e-commerce merchants. The companies
said PaySecure is the first software-only service that enables a consumer to
use his/her debit card and bank-issued PIN to pay for online purchases.
“Heartland is always looking for new ways to help protect our merchants,” said
Steve Elefant, Heartland’s chief information officer. “PaySecure authenticates
that the consumer made the purchase which reduces fraud and charge-backs for
merchants—saving them time and money. It is also user-friendly: it enables
consumers to enter their PINs directly in the check out process without being
redirected to another site or needing to enroll in a program. PaySecure is a
valuable addition to our existing suite of security products.” Heartland said PaySecure
will be available to its merchants in Q2 2011.