Powertranz - First Atlantic Commerce

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Integrated payment service that empowers businesses to accept and manage payments easily and securely

Until now, the Caribbean market lacked a truly integrated Card Present payment solution to meet the needs of merchants. The POS software and payment terminals did not sync, thereby creating the need for dual entries, and often resulting in reconciliation issues.

Powertranz, a new payment gateway developed to process point of sale transactions in the Caribbean marketplace, solves this problem. In conjunction with local acquiring banks, we are able to provide merchants with integrated payments and PCI validated P2PE solutions within POS environments.

Our integrated POS payment solution provides POS software vendors with a lightweight integration point to enable integrated payment solutions for merchants in the Caribbean.

The fully equipped payment platform features PCI Validated Point to Point encryption (P2PE), which is the PCI Council’s standard for End to End encryption. PowerTranz brings PCI Validated P2PE to the Caribbean via our partnership with Bluefin Payment Systems.

We have developed EMV and card swipe Card Present functionality for the Powertranz processing platform to include Chip and Pin, Chip and Signature, and Magnetic stripe read capabilities. The platform provides an easy to integrate connection point for POS software.

PCI validated Point to Point Encryption encrypts card data at point of contact with the payment terminal — removing all credit card data from clear text from the merchants’ systems.

Benefits

Full integration between the POS software and the payment terminal
Elimination of manual entry of price and credit card data
Elimination of costly dual entry mistakes
Cleansed transactional data sent back to POS software in real time
Protection from costly data breaches
Sensitive card data encrypted at all times
Significantly improved ability to reconcile transactions
Freedom to re deploy IT and account resources and capital to other mission critical projects
Easy to identify, locate and manage payment terminals
No requirement for your POS software vendor to do costly EMV certifications to processors
PCI Validated P2PE protection on each transaction
PCI-AUTHORIZED SCOPE REDUCTION – within a segmented environment:
- merchant may be eligible to complete authorized self-assessment questionnaire SAQ P2PE (33 questions)
- number of questions to be answered is reduced by nearly 90% for merchants moving from the SAQ D (329 questions) to SAQ P2PE

If you would like more information, please fill out the form below and we will contact you within 2 business days. Alternatively, email us directly for more information on this solution (info@powertranz.bm).

Legal Name of Merchant Business
Website
Address
Street Address City State / Province / Region Country
Business Contact Name
Business Phone
Email
Source for finding Powertranz
Products and/or Services Sold
Current Acquiring Bank
Current POS Software Vender & Version
Currencies Required
Numbers of Terminals Required
Monthly Volumes in US Dollars (or equivalent currencies)
Average transaction value in US Dollars (or equivalent currency)
Credit Cards Required
Debit Cards Required
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Powertranz News

Powertranz and Miura Systems announce the launch of a unique semi-integrated payment solution in the Caribbean and Central America

HAMILTON, Bermuda and TIMONIUM, Md., Sept. 14, 2023 – Powertranz, the leader in Card Present gateway and payment processing in the Caribbean, and global payment

Powertranz and Bluefin add support for MultiLink J.E.T.S. debit card in Jamaica

Bluefin and Powertranz, who already provide the first and only integrated self-service kiosks supporting MSR, EMV, NFC and PCI-validated P2PE in the Caribbean, can now

Powertranz and NRT Technology Corp Announce Contactless, Integrated Self-Service Kiosks with PCI-validated P2PE for the Caribbean Market

The companies, along with financial and retail partners, have introduced the first and only integrated self-service kiosks supporting MSR, EMV, NFC and PCI-validated P2PE March

Powertranz works with Argus to enable integrated EMV and PCI Validated P2PE point of sale card processing

Argus is live with Bermuda’s most sophisticated Card Present platform Hamilton, Bermuda – January 30, 2020. The Argus Group (“Argus”), a multi-line insurance and financial services