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3/1/2007

DATA SECURITY

Piggly Wiggly, aCharleston, S.C.-based supermarket company with 111 stores in the Southeast, selected San Jose, Calif.-based Cisco Systems’ Payment Card Industry (PCI) Solution for Retail to help ensure data security by safeguarding cardholder information and corporate assets. With the PCI-compliant solution, Piggly Wiggly can offer in-store and online shoppers a highly secure shopping experience.

CASH CONTROL

A recently patented system allows retailers to create a centralized electronic safe and digitally linked accounting network for cost-effective and secure cash handling. FireKing Security Group of New Albany, Ind., created a system whereby electronic safes placed at cash registers throughout a store can be networked together as one system, vastly simplifying the accounting process and adding efficiency to the cash-handling process. The system enables automation of the cash-reconciliation process with the POS system and allows for remote administration and updating from a centralized, remote location.

AFFORDABLE BIOMETRICS

StoreNext Retail Technologies, Plano, Texas, and Pay By Touch, San Francisco, have partnered to provide independent grocers with high-service, lower-cost biometric authentication and payment services. The joint solution will minimize grocers’ transaction costs while allowing shoppers to pay for purchases with the simple touch of a finger.

MOBILE PAYMENTS

HSBC Credit Card Services, Santa Clara, Calif., in partnership with MasterCard and ViVOtech, has launched a mobile phone payments pilot. The mobile phones, which feature Near Field Communication (NFC) technology, enable users to make contactless credit-card purchases at any retailer accepting PayPass. Approximately 36,000 merchant locations around the world now accept PayPass, including 7-Eleven Stores, McDonald’s, CVS, Duane Reade and Sheetz.

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