MagTek

1710 Apollo Ct, Seal Beach, CA 90740

MagTek protects data and prevents fraud in electronic transactions. Call 1-800-788-6835 to learn more about our secure retail, banking and OEM solutions. Founded in 1972, MagTek is a leading manufacturer of electronic systems for the reliable issuance, reading, transmission and security of cards, checks, PINs, and identification documents. Leading with innovation and engineering excellence, MagTek is known for quality and dependability. Its products include secure card reader/authenticators, token generators, EMV contact, contactless and NFC reading devices, encrypting check scanners, PIN pads and distributed credential personalization systems for secure magstripe and EMV enabled cards. These products are used worldwide by financial institutions, retailers, and processors to provide secure and efficient payment and identification transactions. Today, MagTek continues to innovate. Its MagneSafe® Security Architecture leverages strong encryption, secure tokenization, dynamic card authentication, and device/host validation enabling users to assess the trustworthiness of credentials and terminals used for on-line identification, payment processing, and high-value electronic transactions. MagTek is based in Seal Beach, California and has sales offices throughout the United States, Europe, and Asia, with independent distributors in over 40 countries.

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3.1

Overall Excellence Rating

Industry

Manufacturing

Category

Secure Card Readers

ESG/Ethical Impact

MagTek® is committed to designing, manufacturing and delivering quality products, which meet or exceed customer and regulatory requirements. Everyone in the Company is committed to fully satisfying our customers by continual improvement of our processes and products. MagTek’s control of the design, production and configuration management, including the change control and product management processes for EMVco approved Interface Modules (IFM) contained in the IntelliStripe 65 and IntelliStripe 320 products produced at MagTek’s manufacturing facility, are in conformance with the requirements listed in the Terminal Quality Management (TQM) documentation scheme 4.0/1.2. Therefore, the IFMs can be installed in any Terminal that is approved by the MasterCard authority. MagTek, Inc. and our subsidiary Magensa, LLC are on the list. We have demonstrated compliance with the Payment Card Industry Data Security Standard (PCI DSS). We are a valued service provider on the Visa Global Registry and have shown our commitment to security by meeting the requirements of the PCI Standard. MagTek’s quality management system embodies the principles and philosophies of Continuous Improvement; It is modeled on the formal structured of ISO-9001, the Quality Management Systems Model for quality assurance in design, development, production, installation, and servicing.

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Awards Received

2023

Revenues

$70,100,000.00

Website Traffic

Employee Rating

3.1

Customer Rating

3.1

Company Size

100-1000

ESG Risk Rating

3

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