News

PCI validation given to Shift4s P2PE solution

Thursday 20 April 2017 10:24 CET | News

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.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Shift4, PCI compliance, P2PE solution, US, True P2PE, Point-to-point encryption, security, fraud prevention
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






Industry Events