MagicCube Unveils i-Accept the World’s First Software-Based Replacement for Traditional Payment Terminals Supporting Tap&PIN for all four major card networks

SANTA CLARA, Calif., Oct. 19, 2020 /PRNewswire/ — MagicCube, the leader in the new category of Software Defined Trust (SDT), today announced the availability of i-Accept™, a complete software-based replacement for traditional payment acceptance terminals. Through i-Accept™, acquiring banks and disruptive financial services institutions can now enable their merchants and retailers to accept contactless cards, including those from American Express^®, Discover^®, Mastercard^® and Visa^®, as well as capture financial PINs and other verification methods, without the need for additional hardware or terminals. This out-of-the-box functionality supports modern mobile and IoT connected devices and is made possible through MagicCube’s next-generation security platform that’s supported  by all four major card networks.

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