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Gilbarco's FlexPay™ Encrypting PIN Pad Solution Saves Retailers Thousands in PCI Costs

Gilbarco’s FlexPay™ Encrypting PIN Pad Solution Saves Retailers Thousands in PCI Costs

GREENSBORO, N.C. – April 30, 2008 – Gilbarco’s FlexPay Encrypting PIN Pad (EPP) enables retailers to process Triple Data Encryption Standard (TDES) debit transactions at the pump with only a PIN pad replacement. Payment Card Industry (PCI) standards require retailers who accept debit to have encrypting PIN pads installed at the pump by July 2010 to avoid costly penalties. Gilbarco’s modular approach saves the average retailer with five dispensers an estimated $15,000 per site compared to CRIND® replacement, an approach that retailers have no reason to undertake.
 
“The Gilbarco solution was easy to install and has worked well,” said Paul L. Separk, vice president of operations for MM Fowler, Inc. / Family Fare C-Stores. “Keeping the regulatory approvals, warranty and service providers for the dispensers in place is important to us. We want our customers to continue to be able to use debit at the dispensers and find this a cost-effective way for us to do so.” The company installed the Gilbarco® Encrypted PIN Pads at their Coliseum Shell station in Greensboro, N.C. The Durham, N.C.-based company is one of the largest independent gasoline and convenience store operators in North Carolina.

The Gilbarco Encrypting PIN Pads are designed to comply with both the physical and logical security standards adopted by PCI, ultimately protecting consumers and retailers from debit fraud. The Encrypting PIN Pads are available factory-installed on Gilbarco Encore® S dispensers or as field retrofits for the retailer’s installed base.

Gilbarco’s Encrypted PIN Pads will be on exhibit at the NACStech show, Gilbarco Veeder-Root booth 101, at the Gaylord Texan Resort in Dallas, May 5 – 7.

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About Gilbarco Veeder-Root
Gilbarco Veeder-Root and Gasboy are leading suppliers of integrated fuel control, site management, and support services for petroleum marketers and commercial fueling enterprises worldwide. (www.gilbarco.com, www.veeder.com, www.gasboy.com).  For more information visit www.gilbarco.com.

For further information contact:

Lucy Sackett, Director Marketing Communications
Gilbarco Veeder-Root
Tel: (336) 547-5607
Fax: (336) 547-5890
e-mail: lucy.sackett@gilbarco.com


   
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