Patent Awarded to Aurus' Innovative Payment Solution
Aurus' patented payment solution removes POS systems from the scope of PCI compliance.
- (1888PressRelease) October 23, 2013 - Aurus announces the assignment of US Patent No. 8543461 for its innovative payment solution, whizKavaj, which removes the POS from PCI scope while processing transactions. The patent describes the solutions various systems and methods that ensure that card data does not traverse through a stores Point of Sale (POS).
The patent presents details on how businesses can isolate their store POS from PCI scope and simplify compliance with Payment Card Industry Data Security Standards (PCI- DSS). It describes methods to lower the risk of fraud and increase security with the help of a mechanism that ensures that store POS systems never store, transmit or process customer's card data.
whizKavaj is part of Aurus' omni-channel platform whizPay, whose feature set goes beyond a traditional payment processing platform. It spans across payment processing, CRM, loyalty, mobile, social media integration and is a technology that has been applied to leading hair salon and spas, restaurant and retail chains. Using this scalable, end-to-end PCI-compliant patented payment solution allows streamlining a store's point-of-sale payment processing while keeping all sensitive data protected and all compliance mandates adhered to. It is proven to provide cost savings by lowering costs of operations.
"Years of experience and research have resulted in the development of whizKavaj, as an optimal way to structure and process payment transactions" says Rahul Mutha, CEO of Aurus Inc.
"It is important for stores to realize that PCI compliance does not also mean that a network is secure. By taking the POS out of PCI, whizKavaj guards against fraud, helps protect the stores brand reputation and increases consumer confidence. We take pride in the fact that our clients have validated this solution and have realized operational efficiencies".
About Aurus
Aurus Inc. (formerly TalentBeat) was established in 2000, with the vision to provide cutting edge, innovative technology solutions using cost effective development models. The company caters to clientele across the globe, including Fortune 2000 companies in retail, payments, healthcare and financial verticals. Its' PCI-DSS and PA-DSS certified and patented (US Patent # 8543461) omni channel platform goes beyond a traditional payment processing platform and provides functionality for CRM, loyalty, mobile and social media integration. For more information visit: www.aurustech.com.
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