Silver Spring, MD – October 1, 2015- Action Systems Inc. (ASI), maker of Restaurant Manager™ POS is pleased to announce the availability of an EMV Ready payment integration solution in time for the October 1, 2015 EMV liability shift deadline. Under a strategic partnership with San Diego based Payment Logistics (PL), ASI has incorporated PL’s Paygistix™ technology platform into their RM Gateway Service to handle payments made via smart cards and digital wallets such as Apple Pay™.
In an effort to reduce credit and debit card fraud, card brands such as Visa and MasterCard have mandated the EMV standard in the United States and have changed the rules regarding liability for counterfeit credit and debit card fraud. As of October 1, 2015, the card brands hold restaurants (and most other merchants) liable for in-store counterfeit card fraud transactions unless their POS systems and payment terminals support EMV. Effective immediately, Restaurant Manager users who enroll in the RM Gateway Service powered by Paygistix will avoid “EMV Liability” and, under most circumstances, will be shielded from fraudulent counterfeit card transactions by using certified EMV/NFC devices for payment processing.
“RM Gateway powered by Paygistix not only shields restaurants from liability associated with counterfeit card fraud, it also minimizes the scope of PCI DSS compliance as if they were using a standalone credit card payment terminal. We’ve worked hard to make this a reality and are pleased to make this announcement today,” commented Smiley Hsu, President of ASI.
Restaurant Manager users who signup for RM Gateway powered by Paygistix will be able to choose from a variety of EMV Ready payment devices, including a customer facing multi-lane terminal with signaturecapture, a compact wifi enabled terminal with built-in printer and more traditional countertop devices. RM Gateway powered by Paygistix is one of the payment processing solutions that supports traditional tip adjustment on EMV sales transactions regardless of the cardholder verification method. In other words, the new service does not disrupt the traditional work flow for tendering payments and adjusting tips.
“When you’re working with a mature POS system like Restaurant Manager that incorporate nearly 30 years of features and functionality, an off-the-shelf payment gateway just doesn’t work. By working hand in hand with ASI over the past year, we’ve been able to develop and customize our Paygistix solution to fit the unique needs of the many Restaurant Manager users based here in the US. We’re impressed at how methodical and thorough ASI has been in incorporating a best in class solution into their RM Gateway Service,” stated Dustin Niglio, President of Payment Logistics.
About Action Systems Inc.
Founded in 1987, ASI has focused exclusively on providing open architecture Point-of-Sale (POS) solutions to the food service industry. Their feature-full legacy POS product, Restaurant Manager™ has been installed in over 20,000 restaurants around the world and currently includes specialized modules for table service, nightclubs & bars, pizza & delivery, quick service and chain operations. ASI became an industry leader in mobile POS with the introduction in 2002 of a patented, wireless handheld POS solution, a position that is being extended with the release of RM Duet, a cloud-based SaaS solution that is targeted to independent restaurants and regional chains. ASI sells its POS solutions through an extensive network of Value-Added Resellers (VARs) based in the US and Canada as well as in other international markets including Mexico & Latin America, Asia, the Middle East and many European countries.
About Payment Logistics Limited
Payment Logistics is a full service merchant acquirer and payment technology company catering to POS developers and value added resellers. Founded in 2003, Payment Logistics is well established as a full liability service provider that performs all critical portfolio maintenance functions in-house including underwriting, risk management, customer service and 24/7 technical support. Payment Logistics’ emphasis on providing in-house services combined with its proprietary Paygistix™ payment integration technology breeds accountability by providing its partners and clients with a single point of contact for all merchant account and payment technology needs.