Register for The Paypers news Follow The Paypers on LinkedIn! Follow The Paypers on Twitter! Follow The Paypers on Facebook! Follow The Paypers on Google+!
The Paypers, paypers, Insight in payments, News, Reports, Events
Digital Identity, Security & Online Fraud

PCI validation given to Shift4's P2PE solution

Thursday 20 April 2017 | 10:24 AM CET

Shift4, a payment services and gateway provider, has announced the PCI validation of their point-to-point encryption solution, True P2PE.

Merchants using True P2PE with PCI PIN Transaction Security (PTS) approved devices can now reduce the scope and time of required PCI DSS assessments through the use of the Self-Assessment Questionnaire (SAQ) P2PE “short form.” Shift4’s nine patents in payment data security include unique aspects of the point-to-point encryption process.

True P2PE encrypts consumers’ card data from the moment a card is inserted, swiped, and manually keyed or tapped (as with mobile wallets like Apple Pay) at a secure payment device. The company then applies a second layer of encryption via their proprietary Derived Unique Key Per Transaction with Moving Target Encryption methodology.

Together with TrueTokenization, merchants using True P2PE can ensure that sensitive card data is not stored, processed or transmitted.

Print | Contact editor | Mail
© 2017 The Paypers
More: Abstract