MagTek, Inc., a global leader in electronic payments technology, announced the introduction of the Encrypting IntelliHead, a magnetic read head with encapsulated electronics to read, decode, and encrypt card data right in the head. The Encrypting IntelliHead incorporates MagTek’s state-of-the art Delta ASIC, proven technology used widely to read all three tracks of data for financial and retail card reading applications. All electronics are securely potted inside the head to prevent tampering and unauthorized access.
For encryption, a unique double-length key is injected into each head. Data is protected by using the 3DES encryption standard, thus providing the same level of encryption security available in other financial and payment transactions. Physical security is supplied by potting the head wires and electronics.
“The card data is encrypted before it leaves the head,” said Lou Struett, Executive Vice President at MagTek. “This revolutionary concept protects the data at the earliest point of entry, an ideal solution to simplify the stringent security requirements of the new PCI regulations.” Mr. Struett added that integrating the Encrypting IntelliHead into card reading solutions will substantially reduce the cost to protect the card data inside a POS terminal.
Additionally, the Encrypting IntelliHead will offer standard features available in other MagTek card readers: 3-track reader, bi-directional read, ISO and AAMVA support, plus multiple head mounting configurations for varied rail and insert reader configurations.
“MagTek is proud to develop breakthrough technology and offer the Encrypting IntelliHead as an innovative solution that will reduce the cost and complexity of providing security for the card data and the devices themselves, including the popular POS terminals,” added Mr. Struett.
Since 1972, MagTek has been a world leader in electronic transaction technology, from magnetic stripe card readers and writers to high-accuracy MICR check readers and scanners, secure PIN issuance and cardholder verification systems. The company’s products and components are in use today at point-of-sale (POS) and back-office locations in thousands of companies around the world; incorporated into kiosks and ATMs, banking customer service terminals, custom retail POS terminals, and restaurant and hospitality equipment. MagTek is based in Carson, California and has sales offices throughout the United States, Europe, and Asia, with independent distributors in over 40 countries.