PRINCETON, N.J.--(BUSINESS WIRE)--Robert O. Carr, chairman & CEO of Heartland Payment Systems (NYSE:HPY), the nation's fifth largest payments processor and a leading provider of merchant business solutions, will deliver a keynote presentation at the seventh annual Mobile Payments Conference on Wednesday, Oct. 8 in Chicago, IL.
Sponsored by Mobile Marketing & Technology magazine, the Mobile Payments Conference highlights new mobile commerce platforms and services for retailers, ISOs and vendors. The conference is held twice a year, and this fall’s theme, “Mobilizing Retail is the New Buzz,” reflects the conference’s newly expanded retail presence, with panels and presentations discussing emerging mobile solutions for the retail industry.
“Heartland recognizes that mobile technology is revolutionizing the way retailers process payments, and we are excited to discuss this trend at the Mobile Payments Conference,” said Carr. “Our mobile solutions offer fast access to funds, Interchange Plus pricing and fully encrypted hardware to protect merchants from fraudulent activity.”
The keynote presentation will focus on the Heartland difference, and how its philosophy of “entrepreneurs respectfully serving entrepreneurs” has set it apart from others in the industry. Carr will also address how Heartland’s innovations are at the forefront in providing seamless business solutions in data security and mobile commerce. Heartland understands that merchants know the way people do business has drastically changed, and to keep up with mobile-savvy customers, entrepreneurs need the ability to take their business anywhere.
According to the Federal Reserve, 87 percent of the U.S. adult population has a mobile phone. These devices have transformed the retail industry, allowing customers to make point-of-sale mobile payments and research prices while shopping. The 2014 Consumers and Mobile Financial Services report claims that 68 percent of consumers who used their phones to comparison shop in a retail store have changed where they purchased a product as a result of information they found.
And surveys across the mobile payments industry continue to rank security high on the list of reasons preventing consumers and merchants from adopting mobile payments. The Federal Reserve also states that 63 percent of people have concerns about the security of making mobile payments.
In addition to highlighting Heartland’s innovations in the mobile payments space, Carr will also talk about how Heartland Secure™, the company’s highest level of security solutions, can benefit the retail industry by providing EMV chip card technology, end-to-end encryption and tokenization to make transactions more secure.
“We created Heartland Secure™ to provide customers with a secure solution for POS and other card processing methods, which can help prevent data breaches and other potential liabilities, including astronomical fines and damage to brand reputation,” Carr said. “The number of security breaches in the retail industry has reinforced the need for merchants to incorporate more than one technology solution to payment transaction security.”
With so many people using mobile commerce as an option for payments, providing secure transaction methods is a necessary requirement by those in the payment processing industry, Carr added.
Carr’s presentation will take place at 9:15 a.m. on Wednesday, Oct. 8 at the DoubleTree by Hilton, North Shore, Skokie, IL.
About Heartland Payment Systems
Heartland Payment Systems, Inc. (NYSE: HPY), the fifth largest payments processor in the United States, delivers credit/debit/prepaid card processing, mobile commerce, e-commerce, marketing solutions, security technology, payroll solutions, and related business solutions and services to more than 300,000 business and educational locations nationwide. A FORTUNE 1000 company, Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. Heartland also established The Sales Professional Bill of Rights to advocate for the rights of sales professionals everywhere. More detailed information can be found at HeartlandPaymentSystems.com or follow the company on Twitter @HeartlandHPY and Facebook at facebook.com/HeartlandHPY
This press release contains statements of a forward-looking nature which represent our management’s beliefs and assumptions concerning future events. Forward-looking statements involve risks, uncertainties and assumptions and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors, including risks and additional factors that are described in the Company’s Securities and Exchange Commission filings, including but not limited to the Company’s annual report on Form 10-K for the year ended December 31, 2013. Given these risks and uncertainties, prospective and current investors are cautioned not to place undue reliance on such forward-looking statements. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.