What Cryptera does

Cryptera A/S is a Denmark-based OEM security and payment technology company that designs, manufactures, and supplies cryptographic payment hardware and key management services to manufacturers of ATMs, self-service kiosks, petrol pumps, and other unattended payment terminals. Founded in 1985 and headquartered in Glostrup in the Copenhagen metropolitan area, the company reports more than 2 million security solutions deployed across 80+ countries and serves global equipment manufacturers including NCR, Diebold Nixdorf, Hyosung, Triton Systems, Gilbarco, and Micro Technic.

Cryptera's core product portfolio centers on Encrypting PIN Pads (EPP models 1215, 1217, 1218, and 2200), the NFC Reader 3520 for EMV contactless payments, and the SCR 5210 secure card reader for chip and magstripe transactions. Underlying technology includes proprietary True Random Number Generators, DUKPT and TR-31 key management, RSA-based Remote Key Loading (including TR-34), AES and 3DES encryption, and an in-house PCI PIN-certified secure facility with HSMs for key injection and certificate authority services. The company has extended its Secure Provisioning System to support GlobalPlatform Secure Elements and is pursuing next-generation PCI PTS 7.x EPP certification. A separate Device Security platform — added in 2023-2025 — offers Code Signing, Device Certificates, and Firmware Signing-as-a-Service aimed at industrial IoT manufacturers targeting EU Cyber Resilience Act and NIS2 compliance.

Cryptera operates as a B2B OEM supplier, generating revenue through hardware sales (frequently with contractual full exclusivity for OEM market leaders), PCI-compliant key injection services, and an emerging subscription/managed-services revenue stream from the IoT Device Security platform. Distribution is direct-to-OEM with channel support from partners such as ARCA in North America, complemented by industry conference participation (ATMIA US, EOT). In late 2023, R&D was reorganized into two divisions — Payment Solutions and IoT Security — formalizing a dual-track strategic intent to diversify beyond the core ATM OEM business into adjacent industrial IoT cybersecurity and lifecycle services such as the Basiskort transit Repair Center contract.

Name

Cryptera

Legal name

Cryptera A/S

Website

https://cryptera.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

1–10 employees

Short description

Cryptera is a Danish OEM supplier of PCI-certified encrypting PIN pads, NFC contactless readers, secure card readers, and key injection services for ATM, kiosk, and fuel pump manufacturers across 80+ countries, now extending into IoT device security.

Ownership category

akta.pro rank

Product category

Secure Payment Hardware (OEM)

NAICS

Computer and Peripheral Equipment Manufacturing (33411), Computer Terminal and Other Computer Peripheral Equipment Manufacturing (334118)

SIC

Computer Peripheral Equipment, Nec (3577), Electronic Connectors (3678), Electronic Components, Nec (3679)

akta.pro primary industry

Payment PIN Pads, Card Readers & NFC Contactless Devices (HDACAKAG)

akta.pro secondary industries

POS Security, Encryption & Key Management (P2PE, HSM, Key Injection) (FSAMADAK), POS Certification, Testing & Compliance (EMVCo, PCI PTS/PCI DSS) (FSAMADAL), Secure Elements & Trusted Execution Processors (TPM/TEE/Crypto MCUs) (HDAHAJAK)

Keywords

• Secure payment hardware
• Encrypting PIN pads
• OEM payment solutions
• Contactless card readers
• PCI key injection

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Infrastructure

Revenue model

1. OEM Payment Hardware Sales: Cryptera designs, manufactures, and sells OEM encrypting PIN pads, secure card readers, and NFC readers to manufacturers of ATMs, kiosks, and self-service payment terminals. Products are sold directly to OEM customers with customization options for specific applications. Revenue is generated through product sales with flexibility for smaller series production.
2. PCI Key Injection Services: Cryptera operates a PCI-certified secure facility offering remote key injection services to customers. This allows customers to perform DUKPT key injection at their chosen locations using Cryptera's secure provisioning client, reducing their need to establish compliant infrastructure.
3. IoT Security Platform: Cryptera offers a Key Management Platform including Code Signing and Device Certificates for Industrial IoT devices. This helps businesses protect infrastructure, prevent fraud, and comply with EU regulations including the Cyber Resilience Act (CRA).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Cryptera designs, manufactures, and supplies OEM secure payment hardware modules (PCI PTS-certified Encrypting PIN Pads, EMV contactless NFC readers, and secure chip card readers) to ATM, kiosk, self-service terminal, and fuel dispenser manufacturers globally. The company also operates a PCI PIN V3.1-certified secure facility offering remote PCI key injection services for DUKPT key provisioning, and provides a Device Security platform with code signing, device certificates, and firmware signing for Industrial IoT manufacturers requiring EU Cyber Resilience Act compliance.

Product overview

Cryptera offers a modular, OEM-oriented portfolio of secure payment solutions and device security services. The payment solutions suite centers on Encrypting PIN Pads (EPP) — including models EPP 1215, EPP 1217, EPP 1218, and EPP 2200 — complemented by the NFC Reader (3520) for contactless EMV payments, the SCR 5210 Secure Card Reader for EMV offline PIN verification, and the PCI Key Injection service for secure DUKPT key provisioning. The Device Security platform provides Code Signing, Device Certificates, and a Firmware Signing-as-a-Service offering. Customized EPP Solutions offer contractual exclusivity for OEM partners. All products share a unified in-house value chain from design through manufacturing, are certified to PCI, EMVCo, and ISO standards, and support Remote Key Loading including TR-34, certificate-based, and signature-based methods. Cryptera operates across more than 80 countries serving the ATM, kiosk, petrol pump, parking, transit, and Industrial IoT sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Cryptera Encrypting PIN Pads (EPP) A suite of PCI PTS-certified Encrypting PIN Pads for OEM integration into ATMs, kiosks, self-service payment terminals, and petrol pumps. Models provide hardware-based encryption, tamper detection, DUKPT key management, and Remote Key Loading including TR-34, certificate-based, and signature-based methods.
• Cryptera EPP 1215 Medium-size PCI PTS 5.x/6.x-certified Encrypting PIN Pad for petrol and kiosk applications, with stainless steel keys, IP65 waterproof polymer frame, USB/RS-232 interfaces, AES and 3DES encryption, RSA-based Remote Key Load, and direct connection to Cryptera Secure Card Reader for EMV Offline PIN support.
• Cryptera EPP 1217 Full-size PCI PTS 5.x/6.x-certified Encrypting PIN Pad for ATMs, featuring advanced resistance to external force, chemical liquids, and burning, with stainless steel keys, IP65 waterproof polymer frame, USB interface, ADA compliance, and a mechanical interface fitting standard ATM front panels.
• Cryptera EPP 1218 Full-size PCI PTS 5.x/6.x-certified Encrypting PIN Pad with an alternative form factor for ATM and self-service kiosk integration, IP65 keyboard front, IK07 vandal resistance, ADA compliance, and Cryptera Remote Key Loading for indoor and outdoor use.
• Cryptera EPP 2200 PCI PTS 5.x-certified Encrypting PIN Pad with integrated secure monochrome LCD display for kiosk user guidance, one-million-cycle keyboard lifetime, -33°C to +70°C operating range, and serial interface for direct Secure Card Reader connection supporting EMV Offline PIN.
• Cryptera NFC Reader (3520) EMV Contactless Level 1 and PCI PTS 5.x (SRED) approved NFC reader for unattended contactless payments via Apple Pay, Samsung Pay, Google Pay, Visa PayWave, Mastercard MCL, JCB J/Speedy, Discover D-PAS, AmEx ExpressPay, and Interac Flash, with IP65 waterproofing and IK08 vandal resistance.
• Cryptera SCR 5210 (Secure Card Reader) Manual-insertion EMV Level 1 approved chip card reader with magnetic stripe support, manufactured by Nidec Sankyo, that encrypts all chip and magnetic stripe data per PCI PTS SRED and connects to Cryptera EPP 1215, EPP 2200, and ETC 6260 to enable EMV Offline PIN verification via RSA-based key exchange.
• PCI Key Injection Service PCI PIN V3.1-compliant secure provisioning service that enables authenticated and authorized injection of DUKPT keys and other sensitive data into payment devices through a secure provisioning client backed by Cryptera's PCI-certified secure room with HSMs and optional PKI certificate issuance from private or public CAs.
• Device Security Platform (Key Management, Code Signing, Device Certificates) Key Management Platform for IoT device manufacturers covering Code Signing and Device Certificates, designed to protect IoT device infrastructure, prevent fraud, and comply with the EU Cyber Resilience Act (CRA), including Firmware Signing-as-a-Service.
• Customized EPP Solutions Tailored Encrypting PIN Pad solutions offering contractual full exclusivity to global ATM, kiosk, and fuel pump OEMs, integrating Cryptera's EPPs, NFC readers, card readers, and key injection into customized Outdoor Payment Terminal (OPT) form factors, with PCI 7.x certification as the next development step.
• Secure Provisioning System (SPS) Secure Provisioning System extension that supports key loading in Secure Elements based on the GlobalPlatform framework, where keys are stored and derived in the SPS Server and transferred securely to SPS clients at distributed manufacturing facilities.

Quantifiable outcome

• Cryptera has delivered over 2 million payment solutions worldwide through partnerships with global ATM manufacturers
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• Prodata Mobility SystemscoreStrategic or Co-development Partner · 27 May 2026Cryptera was awarded the contract to serve as Repair Center for Basiskort validators in Denmark. Prodata won the tender for supply of check-in-check-out validators for Basiskort, Denmark's nationwide electronic ticketing system for public transportation. Cryptera already performs PCI Remote Key Injection services for Prodata validators deployed worldwide.
• PONE BiometricscoreStrategic or Co-development Partner · 8 May 2023Cryptera and PONE Biometrics entered a strategic collaboration where Cryptera provides secure key injection and certificates for the OFFPAD product. OFFPAD is a next-generation biometric smart device using fingerprint technology for FIDO2-certified IAM platforms targeting enterprise, public sector, healthcare, and defense. Cryptera extended their Secure Provisioning System (SPS) to support key loading in Secure Elements based on GlobalPlatform framework.
• PrevascoreStrategic or Co-development Partner · 2 May 2023Cryptera and Prevas formed a strategic partnership for IoT cybersecurity in products. The collaboration focuses on developing 'Best-in-Class' IoT security providing robust protection against cyber threats for electronic devices. Solutions address integration, encryption, secure key management, embedded security, device onboarding, and IP protection. Prevas brings electronics development expertise while Cryptera contributes security solutions expertise, targeting compliance with the European Cyber Resilience Act.
• ARCAcoreChannel Partner/ Reseller/ Distributor · 7 February 2023ARCA is Cryptera's partner in the USA for the ATM industry, exhibiting together at the ATMIA US Conference. ARCA's team of industry experts including Jhonny Vides (Sales Development Manager) and Brian Honeycutt (Product Manager) collaborate with Cryptera to serve the North American ATM market.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Equinox Payments: Equinox Payments (formerly VeriFone's petroleum/ATM business) supplies payment terminals and PIN entry devices targeted at fuel retailers and ATM operators, directly overlapping Cryptera's Gilbarco/Triton-style OEM customer base.
• UIC (Uniform Industrial Corp.): UIC is a Taiwanese payment hardware specialist producing POS and unattended payment terminals including PIN pads and secure card readers, directly comparable to Cryptera's OEM-focused EPP/SCR portfolio.
• IDEMIA: IDEMIA is a global leader in payment and identity security, including a major portfolio of PCI PTS-certified Encrypting PIN Pads and secure card readers sold to ATM and self-service OEMs — directly competing with Cryptera in the EPP and SCR categories for the same OEM customers (NCR, Diebold Nixdorf, etc.).
• SZZT Electronics: SZZT is a Chinese manufacturer of payment terminals and secure PIN entry devices used by ATM, kiosk, and self-service OEMs, directly competing with Cryptera in unattended EPP and SCR modules for global OEM customers.
• PAX Global Technology: PAX is a major global manufacturer of payment terminals including unattended and PCI PTS-certified PIN entry devices, directly overlapping with Cryptera's unattended/EPP product family sold to OEMs and integrators.
• MagTek: MagTek manufactures secure card readers and PIN-related hardware (including the oDynamo reader listed as a Cryptera-approved companion), and competes in the OEM secure card reader and unattended payment module category.

Others

• NXP Semiconductors: NXP supplies the secure element and secure IC components (including Crypto MCU/TEE-class silicon) that underpin PCI-compliant PIN pads and contactless readers; Cryptera's devices rely on this kind of secure hardware, making NXP a key enabling/silicon peer rather than a direct competitor.

Broad incumbents

• Ingenico (Worldline): Worldline/Ingenico is a broad payments incumbent supplying payment terminals, PIN pads, and processing services; it competes with Cryptera at the EPP and contactless reader layer for ATM, kiosk, and fuel-pump OEM design-ins.
• Verifone (Nayax): Verifone is a long-established global provider of payment terminals and PIN entry devices with deep OEM and merchant relationships, overlapping with Cryptera in unattended/PIN-on-glass and contactless PIN pad hardware for kiosks and ATMs.

Emerging players

• BBPOS: BBPOS is a Hong Kong-based maker of mPOS and secure card/PIN devices for unattended and OEM integrations, with overlapping PCI PTS and contactless certifications; it competes with Cryptera at the secure card reader and unattended payment layer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cryptera-a-s

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cryptera