MICROS and Elavon Deliver Secure Payment Technology

COLUMBIA, Md., June 25, 2014 /PRNewswire/ -- MICROS Systems, Inc. (NASDAQ: MCRS), a leading provider of information technology solutions for the hospitality and retail industries, and Elavon, a leading global payments provider, have integrated their respective gateway and security products to deliver encryption and tokenization for the hotel and food and beverage industries, facilitating a secure environment throughout the entire payment transaction cycle. With the integration work already completed for the MICROS OPERA hotel property management system (PMS) and the primary MICROS food and beverage point-of-sale (POS) platforms, MICROS clients can take immediate advantage of a seamless, secure end-to-end process that combines the existing cost-effective and cutting-edge payment card processing solutions from MICROS with built-in security features like encryption and tokenization from Elavon, providing clients with these benefits:

• Opportunity to streamline PCI compliance process and reduce time and effort associated with maintaining compliance
• Ability to consolidate multiple interfaces and certifications for electronic payment processing
• Ease of implementation, service and support

"MICROS' innovations in payment processing are allowing us to add value to our clients, and expanding our capabilities with Elavon typifies our approach," said Kevin King, Vice President of eCommerce and Payments. "Our integrated approach provides business owners with direct access to a simple-to-implement solution that puts businesses on the fast-track to data security."

Powered by the MICROS Payment Gateway™ and Elavon's Fusebox™ gateway solution, this next generation payment environment is built upon decades of proven PMS and payment processing expertise. Robust scalability offers a great fit for businesses of any size with any number of workstations – from a single location business to multi-national brands.

"At Elavon, we are highly focused on providing opportunities that help our clients grow," said Ian Drysdale, EVP and Head of Business Development for Elavon, North America. "Offering an integrated payments approach with MICROS resolves a pain point for hoteliers, retailers and clients who face the complexities of managing a secure end-to-end payments process.  We can eliminate the headache so they can focus on delivering great client experiences."

About MICROS Systems, Inc.
MICROS Systems, Inc. provides leading enterprise-wide applications, services and hardware for the hospitality and retail industries. Serving an extensive portfolio of clients worldwide, MICROS solutions are utilized in hotels, casinos, table and quick service restaurants, retail, leisure and entertainment, fuel and convenience, cruise, and travel operations in more than 180 countries, and on all seven continents. MICROS combines its industry knowledge and expertise to provide cloud-based, mobile and on premise solutions that allow its clients to streamline operations and successfully engage their customers. 

MICROS applications include point of sale, property management, central systems, business intelligence, eCommerce, loyalty, CRM, loss prevention, distributed order management, labor management, inventory management, and merchandise planning solutions. MICROS services include hosting and SaaS, platform implementation and integration, strategic business consulting, interactive marketing, design services including creative and user experience, and managed services. MICROS stock is traded through NASDAQ under the symbol MCRS.

For more information on MICROS and its advanced information technology solutions for the hospitality and retail industries, please contact Louise Casamento, Vice President of Marketing at (443) 285-8144 or (866) 287-4736. You can also visit the MICROS website at www.micros.com or send an email to [email protected].  Follow MICROS on Facebook, LinkedIn, YouTube, and the MICROS Blog.

About Elavon (www.elavon.com) 
Elavon is wholly owned by U.S. Bancorp (NYSE: USB) and provides end-to-end payment processing solutions and services to more than 1.3 million customers in the United States, Europe, Canada, Mexico, Brazil and Puerto Rico. As the #1 provider for airlines and a top five provider for hospitality, healthcare, retail, and public sector/education, Elavon's innovative payment solutions are designed to solve pain points for businesses from small to enterprise-sized.

SOURCE MICROS Systems, Inc.

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