NCR Utilizes The Cloud To Enhance Its Connected Payments Solution For Retailers Of Any Size

NCR Connected Payments offering creates a smooth and more secure payment processing for more than four billion transactions annually

NCR Corporation, the global leader in consumer transaction technologies, recently announced the inclusion of private and multi-tenant cloud capabilities for NCR Connected Payments customers in the U.S. To date, the NCR payment solution is already in place at over 17,000 stores that are processing more than $120B in transactions annually.

”In our discussions with retailers large and small, security and protecting digital assets are top-of-mind and deeply integrated into any solution,” says Michael Bayer, president at NCR Retail. ”Our tier zero and tier one customers were specifically interested in a private cloud solution for NCR Connected Payments which we have created and are now offering for the broader market today.”

NCR Connected Payments is a solution that was developed and maintained to meet the requirements of the Payment Card Industry Data Security Standard (PCI DSS) and EMV (Europay, Mastercard and Visa) and it also prepares for accepting alternative payments like mobile payments and eWallets applications. The solution also significantly reduces the payment data footprint in the store, substantially reducing the exposure of retailers to payment data theft.

”Cloud technology allows us to now offer a multi-tenant SaaS solution for any type and size of retail operation taking payments, up to private-cloud solutions that are being tailored for some of the largest retail chains operating today,” says Brett Chandler, VP/GM for SaaS at NCR Retail. ”Retailers are re-doubling their efforts to protect digital assets and as a result, we’ve seen a 40 percent year-over-year growth in the acceptance of the NCR Connected Payments offering.”

To mitigate Payment card theft and fraud risks, NCR Connected Payments enhances data and transmission protection, from PIN pad to payment processor using P2P (Point-toPoint) encryption and tokenization. The NCR SaaS implementation also provides advanced security monitoring and vulnerability management that meets or exceeds what is required for PCI compliance, affording retailers more precise, constant visibility into the health of their complete payment system.

To learn more about NCR Connected Payments, visit NCR at the National Retail Federation Big Show in New York at booth #3705 from January 11-13.

About NCR Corporation
NCR Corporation is the global leader in consumer transaction technologies, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables nearly 550 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.NCR is headquartered in Duluth, Georgia with approximately 29,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries. For more information, visit www.ncr.com and www.ncrsilver.com