Lipman NURIT 8100 Receives PED Class B Approval

Lipman announced that its NURIT 8100 secure multifunction POS terminals received Visa PED Class B PIN entry security approval for on-line debit and offline smart card transactions. Class B approval addresses the market need for flexibility by allowing banks to install their own or 3rd party payment and value-added applications, such as loyalty programmes, without the need for individual applications to undergo costly, time-consuming laboratory inspection prior to deployment at merchant locations.

The NURIT 8100 is the only fully programmable all-in-one terminal listed by Visa as meeting the Class B requirements. Until now, the lack of Class B terminals has limited the ability of banks to offer the added value of a multifunction terminal while effectively combating fraud with Visa-approved security solutions.

Additionally, the company's NURIT 8000 and NURIT 8320 POS terminals and NURIT 292 PIN pad have received Visa PED offline approval. These new approvals complement existing Visa PED on-line approvals for these devices and for the NURIT 222 on-line PIN pad.

Lazy Yanay, Corporate VP of Sales and Marketing, Lipman, said, "Receiving this approval is a direct result of Lipman's efforts to provide banks, processors and payment associations with practical solutions to effectively address the industry's greatest needs. Our customer-focused approach and dedication to technological innovation have allowed Lipman to anticipate market trends and have enabled us to continue providing best-in-class solutions."

Lazy added, "Fraud control continues to be a major focus of the payment industry throughout the world. The NURIT 8100 was introduced earlier this year in response to market demand to offer merchants new applications at the POS, while increasing the level of transaction security. We believe that this Visa PED Class B approval, combined with the multifunctional nature of the NURIT 8100, enables Lipman to provide real-world solutions to the growing problem of global payment card fraud, while allowing banks to deploy terminals with the wide range of features and applications that their customers demand."