AUSTIN, Texas -- Wayne Fueling Systems has announced the launch of an electronic payment system (EPS) solution in collaboration with Intel Services using its 'Platform for Retail' software. The cloud-based solution for the fuel retail industry processes electronic payment transactions with additional payment security via tokenization--a secure encryption process--at the fuel dispenser or point-of-sale (POS) and simplifies operations across a network of fueling sites.
"Wayne is committed to offering the best solutions for our customers, and we are achieving this by working with the best technology companies in the world," said Neil Thomas, CEO of Wayne Fueling Systems. "Applying Intel's expertise to connect devices through the 'cloud,' offering advanced security and operational efficiencies, is one more way we are changing the industry and improving business."
"We are excited to collaborate with Wayne on this initiative to transform a traditional business with connected computing," said Doug Fisher, vice president and general manager of Intel Software & Services Group. "The value Intel brings to the fuel retail industry is the ability to leverage API platforms to solve critical business challenges such as fraud prevention and customer insight, while at the same time using the cloud to enable a broader range of value-added services for consumers and new business opportunities for operators."
Wayne's EPS in the Cloud solution uses Intel Services Platform for Retail software to help fuel retailers deploy industry payment changes across multiple sites almost instantaneously. The technology, featuring an Intel Atom processor in the Wayne Fusion forecourt controller, helps position fuel retailers to meet current and future payment compliance in a quicker and more efficient manner. "Using Intel's cloud-hosted service for Wayne's EPS in the Cloud solution allows our customers to bring new payment capability to industry much faster, with greater security while meeting payment compliance needs like PCI and EMV," said Tom Chittenden, senior manager of strategic initiatives for Wayne Fueling Systems.
"With mobile, EMV, PCI, point-to-point encryption, and other new payment technologies, the changes required at the site to stay current can equate to a lot of software upgrades and potential downtime for the location," he said. "Deploying payment capability in the cloud allows our customers to make changes to the way payment transactions are handled with less impact to the site."
This cloud-based EPS solution offers an additional level of secured transaction for the customer and the retailer by tokenizing the transactions--a process that encrypts credit-card data (user name, card number and other personal information) and uses a token as an identifier for the transaction. And in an effort for the retailer to have access to more actionable data, Wayne's EPS in the Cloud solution provides a centralized interface for payment transaction logs, reports and auditing in a single software interface provided by Wayne.
Users can access the reporting on demand for a single location or across multiple locations.
Austin, Texas-based Wayne Fueling Systems is one of the world's largest suppliers of fuel dispensers, payment terminals, forecourt control devices, point-of-sale and other measurement and control solutions to the retail and commercial fueling industry.
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