NZB: Why do you think P2PE
has been successful in the market?
Use of a PCI-approved P2PE
solution can also allow merchants to reduce where and how the PCI Data Security Standard (PCI DSS) applies within their retail environment, increasing the security of customer data while simplifying compliance with the PCI DSS.
We are very pleased that IndiSoft chose to partner with Bluefin for secure integrated payments using PayConex P2PE
within the RxOffice suite, said Ruston Miles, Chief of Product Innovation for Bluefin.
encrypts all sensitive data inside the POI device (point of interaction)-- where the card is swiped.
encrypts cardholder data within a PCI P2PE
approved point of entry device so it does not reach the merchant's system or network as clear-text cardholder data where it could be accessible to a fraudster in the event of a data breach.
solution has met the rigorous controls defined for the protection of payment card data.
Offering a PCI-validated P2PE
payment solution with tokenization provides customers with true card data security for all transactions by ensuring that sensitive cardholder data is encrypted and replaced with surrogate values.
Planned development for the Retail Realm-Shift4 Interface includes the following functionality: TrueTokenation[R] (Post-authorization data security), 4Go[R] (preauthorization data security), connectivity to all major banks/credit card processors in North America and the Caribbean, reduced transaction fees, P2PE
(Point-to-Point Encryption), secure data transmission over wireless devices, Chip and PIN (EMV) support, signature capture devices, mobile wallet support (e.
In order to keep pace with the steady stream of technology improvements in the retail landscape - such as the growing use of mobile payment acceptance - the PCI Security Standards Council (PCI SSC) has adapted the framework of PCI compliance with changes to the existing P2PE
A Point-To-Point Encryption (P2PE
) Solution is defined as a combination of secure devices, applications, and processes that encrypt cardholder data from a PCI-approved point-of-interaction (POI) device through to decryption, assessed in accordance with PCIs P2PE
standard and included on PCIs list of Validated P2PE
solution ensures sensitive cardholder data cannot be compromised at the parking meter or the merchant's server or network.
Also, Worldpay and Verifone will also be working together to bring P2PE
compliant solutions to UK retailers and deliver new multi-communication devices to customers.