Toronto, Ontario and College Point, NY – September 18, 2017 – Restaurant Depot, a division of Jetro Holdings, LLC, a wholesale cash and carry offering food and other supplies to food service businesses and grocery retailers, has certified their EMV solution with Crimson Transaction Technologies (“Crimson”) an innovative provider of Point-of-Sale software for retailers, liquor stores, governments, and park fee collections.
Restaurant Depot has been using Crimson’s Scoria Credit Switch software since 2008. The Credit Switch supports a fully integrated solution which has been working seamlessly with Restaurant Depot’s own in-house Point-of-Sale system. The already implemented functionality included credit and debit processing, TransArmor point to point encryption (P2PE), and Level 3 credit card settlement.
Prior to implementing EMV, Restaurant Depot, as well as all other merchants, faced liability shifts for items purchased with fraudulent credit and debit cards, and required a payment solution that would prevent and resolve this. As a wholesale grocery operation with over 100 locations and 1300 lanes processing credit and debit transactions, card fraud would have had a significant financial impact to a business of such a size.
In order to create a solution Restaurant Depot and Crimson worked together by utilizing Crimson’s Credit Switch application, First Data payment processing and upgrading the software on Verifone’s MX915 PIN Pads.
Crimson offers customers EMV enabled solutions with an improved authentication standard for debit and credit transactions and reduces the possibility of processing fraudulent cards. David Mears, Director and co-founder at Crimson says, “As a long time valued customer, Restaurant Depot’s decision to implement their EMV solution with Crimson ensures the processing of secure payment transactions for both the business and their customers.”
In the few weeks since EMV has been activated, 16 Restaurant Depot locations have been implemented with an additional 110 locations to be installed by the end of September.
About Restaurant Depot
Restaurant Depot, a division of Jetro Holdings, LLC, headquartered in College Point, NY, has been supplying independent food businesses with quality products from large cash and carry warehouse stores since 1990. By eliminating the overhead of a traditional distributor, focusing on the needs of independent foodservice operators and offering free membership, Restaurant Depot has become the leading low-cost alternative to other foodservice suppliers throughout the United States.
About Crimson Transaction Technologies
Founded in 1998, Crimson Transaction Technologies is a privately held software development company specializing in store systems, fee collection systems and secure payment processing applications. Since 2003 their retail suite of applications has offered configurable flexibility using real-time architecture to address many of the requirements from top retailers and government agencies throughout North America. Learn more at www.crimsontt.com.