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ID TECH upgrades key pad and card reader to protect customers

July 9, 2014

Using unique tracking numbers, ID TECH has developed a new product that prevents card data compromise even in situations where the card is not present, according to a company announcement.

ID TECH's latest product, the PCI 3.x SRED-certified key pad and MagStripe reader, the SREDKey, is intended to reduce fraudulent activity by ensuring financial information is secured at each point of a transaction, the company said. 

The SREDKey meets PCI-PTS certifications and supports TDES and AES data encryption using DUKPT key management, according to ID TECH. Users can select various security profiles appropriate to the consumer's financial information. 

"This is an ideal product for anyone looking to protect their customers' card data. Regardless of if the card data is collected through a swipe or if it is input by hand, the data is encrypted inside this PCI SRED-certified device prior to [being transmitted],” Bill Rorick, vice president of product management and marketing, said in a press release. "This is another important step for ID TECH as we continue to increase security across our entire product line."

The SREDKey promises a 1 million card-swipe lifespan and is designed to be helpful for the hospitality, health care and call center industries, the company said.