MagTek has introduced iDynamo, a secure card reader for mobile payment applications using iPhone 3G, 3GS and iPod Touch that allows acceptance of credit or debit card payments anywhere.
Ideal for Merchants and mobile users, the iDynamo offers Magnesafe Security features combined with the power of iPhone and iPod Touch products. This powerful combination assures confidence and cost savings while maximising card data protection and transaction security from the moment the card is swiped all the way to authorisation.
The iDynamo encrypts data in the read head itself, the closest point to the magnetic stripe, and offers additional security layers with immediate tokenisation of card data. This layered approach to security far exceeds the protection of encryption by itself, decreases the scope of PCI compliance and reduces fraud.
