CardConnect Payment Solutions Is Certified as Powered by SAP NetWeaver®

Helping customers securely accept credit cards faster than ever

KING OF PRUSSIA, Pa., May 15, 2017 (GLOBE NEWSWIRE) -- CardConnect® (NASDAQ:CCN), a leader in payment processing and technology solutions, today announced that CardConnect Payment Solutions Version 1.0 for SAP® ERP, its comprehensive enterprise payment processing platform, has achieved SAP certification as powered by the SAP NetWeaver® technology platform. CardConnect Payment Solutions, also known as CardSecure®, provides organizations with a simple, integrated way to securely accept and manage electronic payments within its systems running SAP software.

As an SAP partner with over two decades of enterprise payments experience, CardConnect provides payment acceptance, data security, merchant acquiring, instant reconciliation and robust reporting solutions that integrate with the SAP ERP application. CardConnect’s SAP-certified payment solutions are backed by powerful PCI-validated P2PE terminals that encrypt electronic payment data and personally identifiable information at the point of interaction. This intercepts sensitive card data before it enters customer systems, which can dramatically reduce the effort and costs normally associated with annual PCI audits. CardConnect’s solutions are also backed by 24x7x365 customer support representatives that can be reached at any time over the phone.

By powering CardSecure with SAP NetWeaver, CardConnect is now able to leverage standard SAP ERP functionality to package its enterprise payments processing software in a way that eliminates the need for excessive transports. This advantage significantly reduces complexity - allowing customers to easily integrate CardSecure with their SAP software environment faster than ever before. Customers can also benefit from improved interoperability with the large ecosystem of solutions that run on SAP NetWeaver. In addition to the recent certification, the SAP Integration and Certification Center (SAP ICC) has certified the CardConnect 5.2 enterprise payments solution for integration with SAP applications and CardConnect 2.0 for integration with the SAP Business One® application.

“We are thrilled to announce the successful SAP certification of CardSecure as powered by SAP NetWeaver,” said Abe Marciano, Chief Information Officer at CardConnect. “This certification coupled with our JSON Open Web Call Services not only allows our customers to integrate their software with the SAP ERP application, but also uniquely positions them for a smooth and frictionless transition to SAP Fiori and SAP HANA should they decide to do so in the future.”

“For over the past decade, some of the world’s most prestigious brands have trusted CardSecure to simply and securely accept electronic payments,” said Mark Passifione, Senior Vice President of Enterprise Sales at CardConnect. “Our recent SAP certification further demonstrates our unwavering commitment to delivering quality enterprise payment solutions that support our evolving marketplace, match our customers’ needs and meet SAP’s rigorous guidelines.”

About CardConnect
CardConnect (Nasdaq:CCN) provides a full-scale payments integration for your SAP software environment, complete with tokenization and point-to-point encryption for maximum PCI compliance scope reduction. Formerly Princeton Payment Solutions (PPS), CardConnect developed the first payment gateway for SAP ERP in 1997. The integration for SAP ERP now encompasses CardConnect's comprehensive payment processing platform, which includes merchant services, interchange optimization and automated reconciliation. Credit card payments can be securely accepted in both card-present (in-store POS, mobile, tablet, virtual terminal) and card-not-present (e-commerce, shopping cart, hosted payment page, call center) sales channels.

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