Leading Tokenization Solution to be integrated into Visual Matrix Property Management System
Image Technology Systems (Visual Matrix), a provider of scalable property management software solutions to the hospitality industry, has partnered with
Merchant Link, a leading provider of cloud-based payment gateway and data security solutions, to help minimize security risk across their customers’ properties and ease PCI compliance.
The integration of Merchant Link’s leading tokenization solution, TransactionVault™, along with the Merchant Link Payment Gateway™, into the Image Technology Systems’ Visual Matrix property management solution will benefit over 2,000 lodging customers including major brands such as Best Western. Currently, over 50 percent of Best Western’s use Visual Matrix in North America.
“Our hospitality customers have a desire to increase the security of sensitive customer data and a need to keep the process inexpensive and simple,” said David Awad, President of Image Technology Systems. “Merchant Link’s tokenization solution is competitively priced, easy to implement and significantly reduces the burden of attaining PCI compliance for the hotelier.”
Merchant Link’s TransactionVault solution, which was recently validated by a leading PCI QSA, is hosted in the cloud and utilizes format-preserving tokens that easily fit into existing reporting, receipts and databases. The tokens can be utilized by staff for problem resolution or research, chargebacks and incremental or recurring transactions. In addition, the tokens are also card-based, meaning a unique token is created per credit card (not per transaction) so they can be used for folio consolidation, customer tracking and analytics and marketing purposes.
“Hoteliers are struggling with ever-shifting PCI compliance guidelines, ever-evolving security threats, and the growing cost of insurance,” said Dan Lane, President and CEO of Merchant Link. “By offering TransactionVault to their hotel customers, Image Technology Systems is helping hoteliers protect their customer data and simplify compliance, while providing the high-touch support hoteliers’ need as the payments landscape grows more and more complex.”