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Content Library: Member News

[Press Release] Patent Awarded to Aurus’ Innovative Payment Solution (PDF)

Monday, November 11, 2013   (0 Comments)
Posted by: Rachael LaMalva
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Patent Awarded to Aurus’ Innovative Payment Solution

BOSTON, Ma., -- Oct. 18, 2013 -- Boston based 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.

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