Quantic’s Cloud POS App Now Offers More Payment Methods to Restaurants and Retailers with MagTek’s iDynamo 6 and Magensa Gateway


iDynamo 6

Since Quantic uses our Magensa services, they maintain a CPU independent approach.

MagTek, a leading global provider of secure payment technology, and Quantic, an omnichannel, processor-independent point-of-sale solution designed for resellers, announce their collaboration between MagTek’s iDynamo 6, a card reader authenticator secure card, with Quantic’s multi-channel point of sale for catering and retail merchants. Quantic POS, created by experienced software developers and restaurateurs, offers resellers a cost-effective point-of-sale solution that helps small businesses grow and includes the payment methods customers demand.

Small retailers and restaurants need to deliver the new shopping experience customers expect, with no-queue POS, mobile POS, table payments, curbside payments, online orders, deliveries and contactless transactions. They also need a POS solution that works reliably. Durable hardware with an Apple Lightning or USB connection is advantageous over wireless solutions that can be difficult to connect and configure. Resellers need processor-independent products, so their customers are free to switch platforms without tedious and costly recertification or extended downtime.

Quantic POS offers a unique, cost-effective solution built from a restaurant owner’s wish list. Because POS takes a process-agnostic approach, businesses can accept magstripe cards, EMV contact chip, contactless EMV, and most major NFC mobile wallets. Quantic offers easy ordering with features and functionality such as QR codes, customer management, coupons, inventory control, loyalty programs, faster checkout and pay at the table.

“We knew our solution had to be cost-effective while supporting the variety of payment methods in the industry today,” said Vigyan (‘V’) Kaushik, co-founder and CEO of Quantic. “The MagTek iDynamo 6 offers a sleek form factor, is iOS and Android ready, integrates easily, accepts traditional plastic and digital wallet transactions, and connects directly to phone or tablet. When we learned that we could combine it with the Magensa payment protection gateway and saw that our integration time and costs would be much lower than other options, the choice was easy. »

ISVs need to reduce their integration development time. Instead of having to integrate with multiple terminals and payment processors; ISVs just need to integrate with Magensa. Magensa Gateway services reduce integration time and cost, giving ISVs the ability to authorize, capture, process and optimize payments through a single interface.

“Quantic offers an impressive cloud point-of-sale solution that aims to help small businesses grow,” said Andy Deignan, vice president of global marketing and strategy. “Since Quantic uses our Magensa services, they maintain a processor-independent approach. Combined with iDynamo 6 and the MagneSafe security architecture, they provide their reseller customers with a robust and secure product that is easy to implement and highly secure.

MagneSafe® is a digital identification and authentication architecture that protects consumers and their personal data. Designed to exceed PCI regulations, MagneSafe relies on strong encryption, secure tokenization, counterfeit detection, tampering recognition, data relevance and integrity, and dynamic digital transaction signatures, which together validate and protect the entire transaction and each of its components.

To learn more about MagTek and iDynamo 6, please visit http://www.magtek.com or stop by our booth #139 at RSPA’s RetailNow event, July 24-26, Gaylord Palms Resort & Convention

Center, Orlando, FL, or our table at UE55 MWAA, July 27-28, Marriott Magnificent Mile,

Downtown Chicago, IL. For more information on Quantic and Quantic POS, please visit http://www.getquantic.com.

About MagTek

Celebrating 50 years! Founded in 1972, MagTek is a leading manufacturer of electronic systems for the reliable issuance, reading, transmission and security of cards, barcodes, checks, PIN codes and identification documents. A leader in innovation and engineering excellence, MagTek is known for quality and reliability. Its products include secure card readers/authenticators, Qwantum secure cards, token generators, EMV, contactless, barcode and NFC readers, encrypted check scanners, PIN pads and distributed credential personalization systems for secure magnetic stripe and EMV cards. These products are used worldwide by financial institutions, retailers, payment processors and ISVs to provide secure and efficient data privacy, payment and identification transactions.

Today, MagTek continues to innovate. Its MagneSafe® security architecture relies on strong encryption, secure tokenization, dynamic card authentication and device/host validation allowing users to assess the trustworthiness of credentials and terminals used for online identification, payment processing and high-value electronic transactions.

MagTek is headquartered in Seal Beach, California.

About Quantic

Quantic is a processor-independent omnichannel POS solution. The Company’s SaaS is designed to support restaurants, retail stores and professional service providers. Quantic’s approach to customer acquisition makes them unique in the merchant services market, and the company’s partnership selling model helps them distribute their service to more large merchants. Quantic’s step-by-step approach to customer onboarding takes the hard work out of the equation for resellers. Their dynamic in-house and white-label software development capabilities are available for select partnerships.

Quantic POS is just one of the company’s various products. Quantic’s mission? Create software solutions that make running a small business easier. Quantic now has nearly 40 employees on two continents and continues to grow. As long as people need good business solutions, Quantic’s influence will undoubtedly continue to grow.


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