Extends Secure Tokenization and Multi-point Connectivity to Organizations
ATLANTA, Jun 20, 2011 (BUSINESS WIRE) -- Elavon, a wholly owned subsidiary of U.S. Bancorp (NYSE: USB) and a leading global payments provider, and MICROS Systems, Inc., a leading provider of information technology solutions for the hospitality and retail industries, today announced that MICROS's centrally-hosted Simphony enterprise point-of-service (POS) solution has been certified to connect with Fusebox, Elavon's hosted payment gateway.
The certification provides hospitality organizations with MICROS Simphony's POS solution the ability to connect to a variety of payment processors, eliminating the need to conduct multiple direct-processor certifications, and simplifying upgrades and enhancements since both Simphony and Fusebox are hosted in secure data centers.
Additionally, Fusebox creates peace of mind for organizations through its secure tokenization solution, which replaces actual cardholder data with unique Token IDs that protect data at rest and stored in POS systems, allowing some of the costs and complexities related to PCI Compliance to be mitigated.
"In this era of organizations looking to companies to provide Software as a Service (SaaS) solutions, we are pleased that MICROS Simphony users can now connect a hosted POS to a hosted payment gateway," said Amy Gutierrez, senior vice president of Enterprise Sales and Account Management at Elavon. "SaaS alleviates the burden of software maintenance, ongoing operation, and support, while moving critical payment processing to a secure data center."
Designed to meet the evolving needs of businesses, Fusebox addresses security and risk concerns, connectivity, flexibility and simplicity. The hosted gateway relocates critical cardholder data to a centrally managed host, mitigating risk for the merchant, while also supporting tokenization to further ensure cardholder security. Fusebox provides a single interface to connect to multiple processors with a consolidated view for all payments and offers the flexibility to choose payment types and processing endpoints mapped to unique business needs.
To learn more about Fusebox, visit Elavon at HITEC booth #425.
About MICROS Systems, Inc.: MICROS Systems, Inc. provides enterprise applications for the hospitality and retail industries worldwide. Over 330,000 MICROS systems are currently installed in table and quick service restaurants, hotels, motels, casinos, leisure and entertainment, and retail operations in more than 130 countries, and on all seven continents. In addition, MICROS provides property management systems, central reservation and customer information solutions under the brand MICROS-Fidelio for more than 26,000 hotels worldwide, as well as point-of-sale, loss prevention, and cross-channel functionality through its MICROS-Retail division for more than 100,000 retail stores worldwide. MICROS stock is traded through NASDAQ under the symbol MCRS.
About Elavon: Elavon's Global Acquiring Solutions organization is a part of U.S. Bancorp. Elavon provides end-to-end payment processing services to more than one million merchants in the United States, Europe, Mexico, Brazil, Canada and Puerto Rico. Solutions include credit and debit card processing, electronic check services, gift cards, multi-currency support, and cross-border acquiring. Elavon's solutions meet the needs of merchants in specialized markets including small business, retail, hospitality/T&E, health care, education and the public sector and are marketed through multiple alliance partner channels including financial institutions, trade associations and ISOs. For more information about Elavon visit www.elavon.com.
Elavon Media Relations
Holly Lytle, 404-606-0129
U.S. Bank Media Relations
Teri Charest, 612-303-0732