Heartland Collaborates with PAX to Offer Secure EMV Terminals for Merchants

PAX S300 Signature Capture PIN Pad is Heartland SecureTM Certified

PRINCETON, N.J., April 23, 2015 – Heartland Payment Systems (NYSE: HPY), one of the

nation’s largest payment processors, announced today it has teamed with PAX Technology,

Inc., one of the fastest-growing terminal providers in the world, to provide Europay, MasterCard,

and Visa (EMV)-compliant payment terminals through its Heartland SecureTM card data security

solution and comprehensive breach warranty.

EMV chip-based “smart cards” and terminals are considered to be safer than credit or debit

cards featuring a magnetic stripe because they contain computer chips that are used to

authenticate each transaction. On Oct.1, 2015, the financial liability shifts to merchants who are

not EMV-compliant in cases where a smart card is used for a fraudulent transaction at a

standard terminal that only accepts a magnetic stripe. Fuel merchants have until October 2017

before the financial liability shifts to their industry because of the complexity of the point-of-sale

(POS) terminals.

With Heartland Secure, a card data security solution that combines EMV, Heartland E3TM end-
to-end encryption and tokenization, PAX can now provide merchants with the highest level of

security available to protect against card-present data fraud. By removing card data from the

transaction, Heartland Secure provides businesses with protection against POS intrusions,

insider misuse and other common sources of data fraud by eliminating the opportunity for

criminals to monetize card data.

PAX POSLink is part of the Heartland Secure suite of products for businesses, independent

software vendors (ISVs) and value-added resellers (VARs) that wish to eliminate card industry

data standards and implement EMV without the expense and effort to develop or certify. The

PAX EMV-ready terminals are semi-integrated with the host POS system so card data does not

enter the POS. Rather, transactions are securely routed through the Heartland Secure-certified

PAX terminal to Heartland for authorization. This solution allows merchants to seamlessly meet

EMV recommendations.

Key Highlights/Facts

? Heartland recently certified the PAX POSLink out-of-scope solution with the S300

signature capture PIN pad on the Exchange front-end authorization system.

? Certified configuration will provide both contact and contactless EMV, as well as support

near field communication (NFC) for mobile payments, such as Apple Pay.

? Heartland Secure combines:

o EMV electronic chip card technology to authenticate that a consumer’s card is

genuine;

o The Heartland E3 end-to-end encryption technology, which immediately encrypts

card data as it is entered so that no one else can read it; and

o Tokenization technology, which replaces card data with “tokens” that can be

used for returns and repeat purchases, but are unusable by outsiders and have

no value.

Supporting Quotes

? Michael English, vice president of product development, Heartland

“Heartland and PAX have a successful history of working together. The Heartland

Secure PAX terminals are the latest development in our partnership of making security

and technology available to merchants. The PAX POSLink semi-integrated configuration

and the PAX S300 provide an exceptional solution to ISVs and VARs that are looking to

reduce the complexity of payments support as well as PCI exposure. PAX’s experience

in payments and EMV were instrumental in bringing this solution to market.”

? Andy Chau, president and CEO, PAX Technology

“With all the uneasiness in the U.S. about payment security and migration to EMV, PAX

is excited to be working with Heartland to provide a secure EMV solution for their

customers. Heartland is showing their customers the way of the future to protect

payments. PAX’s secure semi-integration and Heartland’s focus on security through

Heartland Secure allow ISVs, VARs, and merchants to enjoy all the benefits of EMV and

NFC transactions.”

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