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Digital Identity, Security & Online Fraud

Shift4 launches P2PE solution

Wednesday 4 February 2015 | 11:12 AM CET

Shift4, a payments industry provider, has introduced a P2PE solution

The solution delivers functionality and security unavailable with any existing point-to-point encryption solution.

The Payment Card Industry Security Standards Council (PCI SSC) has issued two security standards for point-to-point encryption (P2PE).

Merchants that adopt a PCI-validated P2PE solution are promised simplified compliance with the PCI Data Security Standard and a significantly shorter self-assessment questionnaire (SAQ) for their future PCI assessments.

Shift4 enables merchants to process credit, debit and gift card transactions. With connections to banks and processors in North America and integrations to a number of PMS/POS systems, Shift4’s Dollars on the Net is an independent payment gateway. Shift4 provides pre- and post-settlement auditing functionalities, fraud prevention tools, support for emerging technologies like EMV and mobile payments, and security solutions such as TrueTokenization and P2PE.

More: Link
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