View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
  2. Contract news
January 16, 2018updated 24 Jan 2022 5:06am

LOC and Index collaborate to improve retailers’ checkout speed

Retail management systems provider LOC Software has leveraged retail software provider Index’s semi-integrated payment solution to offer quick checkout and improved payment security for retailers.

The payment solution, which is available for retailers on LOC SMS point-of-sale (POS) platform, includes 1-Second EMV, 2048-bit RSA encryption, remote device management, deployment tools, digital receipts and value-added services.

It directly routes payment card data from PIN pad to processor, while an IP-connected PIN pad collects tender, requests authorisation and sends approval to LOC SMS.

Furthermore, the solution facilitates software and security updates such as point-to-point encryption (P2PE) and contactless EMV to the PIN pad.

LOC Software director of development Francois Labelle said: “This true semi-integrated solution removes the headache from PCI compliance and offers dramatic speed and security benefits so our independent grocers can offer their customers the best experience out there.”

Index director of strategic partnerships Moses Mederos said: “We understand how important it is for retailers to speed up their lines and improve the checkout experience in their stores.

“At the same time, it’s critical for them to keep sensitive customer data fully secure and increase operational efficiencies behind the scenes.

“We’re excited to be working with valuable partners like LOC to equip retailers with reliable, flexible and secure solutions that have an immediate impact on their stores today and set their business up for success in the future.”

Topics in this article: , ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU