CardConnect Partners with Task Retail Technology to Provide Single Source Enterprise Platform

KING OF PRUSSIA, Pa., March 01, 2017 -- CardConnect® (NASDAQ:CCN), a leader in payment processing and technology, and Task Retail Technology, a leader in cloud-based transactional applications and enterprise creative services, announced a partnership that will simplify and secure the way companies do business and ultimately enhance the overall customer checkout experience.

Through this partnership, Task has integrated its platform with CardConnect’s latest product, Bolt P2PE, a plug-and-play solution for card-present transactions, providing customers with secure payment acceptance, advanced merchant services, and PCI-validated point-to-point encryption (P2PE) and tokenization for complete data breach protection. In addition to in-store services, the integration extends to e-commerce and online ordering.

“Task’s innovative customer-facing ordering stations, purpose-built mobile applications, streamlined online ordering, all tied together with customized gift and loyalty programs, attract a client base constantly striving to enhance the customer experience,” said Daniel Houden, Chief Executive Officer of Task Retail Technology.  “With CardConnect, we can build upon the power of our point-of-sale platform with the security offered through Bolt P2PE and provide our clients with a seamless merchant experience.”

Since the inception of this integration, CardConnect has worked with a number of Task clients, including Snap Kitchen, a rapidly growing national chain that has gained significant praise for its healthy, handmade meals. Task has worked with Snap Kitchen to build a unique in-store point-of-sale experience that helps support a feature-rich mobile app for online ordering – both of which will be enhanced with CardConnect’s payment and security offerings.

“Everyone at CardConnect was impressed with the innovation, breadth and power of what Task has developed for countless enterprise multi-unit customers,” said Rob Nathan, Executive Vice President of Integrated Solutions at CardConnect. “We are excited to jointly offer a single-source, omni-channel platform that will provide our mutual customers immense value and allow them to stand apart within their industry.”

About CardConnect
CardConnect (NASDAQ:CCN) is a leading provider of payment processing and technology solutions, helping more than 67,000 organizations – from independent coffee shops to iconic global brands – accept billions of dollars in card transactions each year. Since its inception in 2006, CardConnect has developed advanced payment solutions backed by patented, PCI-validated point-to-point encryption (P2PE) and tokenization. The company’s small-to-midsize business offering, CardPointe, is a comprehensive platform that includes a powerful reporting and transaction management portal that extends to a native mobile app. For enterprise-level organizations, CardSecure integrates omni-channel payment acceptance into several ERP systems – such as Oracle, SAP, JD Edwards and Infor M3 – in a way that minimizes PCI compliance requirements and lowers transaction costs.

About Task Retail Technology
Task Retail Technology (TASK) is a provider of innovative, transaction-based solutions to customers across the Retail, Hospitality, Casinos, Hotels and Quick Service Restaurant (QSR) industries. TASK’s award winning xchangexec™ suite of software delivers tangible, commercial benefits to its customers through an array of integrated solutions including point-of-sale software, business intelligence reporting and analytics, mobile application development, multi-media content design and CMS, interactive hardware and professional services. Winning innovation and a strong focus on customer service has driven TASK’s cross-industry and international growth, including expansion into New Zealand, USA & Europe.

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