News

EPX, Cryptera form partnership for self-service payment solutions

November 3, 2011

Electronic Payment Exchange, a full-service payment processor providing combined tokenization and end-to-end encryption payment solutions to global merchants, and Cryptera, a provider of secure payment solutions and encrypting PIN pads, have announced their partnership offering unattended payment solutions to the self-service market.

Using Cryptera's EMV-certified UPT 7000 Unattended Payment Terminal with EPX's tokenization-based payment processing platform, the companies will provide payment solutions for unattended kiosks, vending machines, fuel pumps, quick-service restaurants, electric vehicle chargers and other self-service systems.

Cryptera Business Development Manager Soren Busk sees the EPX/Cryptera partnership as an opportunity for Denmark-based Cryptera to expand its United States customer base.

"We have provided Cryptera PIN pads for U.S. fuel pumps and ATMs for years, and we now look forward to integrating our UPT 7000 Unattended Payment Terminal with other unattended systems," Busk said. "Partnering with Electronic Payment Exchange enables our development teams to work together to incorporate tokenization technology and back-end processing into our payment solutions and opens up more of the U.S. market."

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