Payment security provider Bluefin Payment Systems has partnered with payment platforms Datacap Systems and Monetary LLC to offer a PCI-validated Point-to-Point Encryption (P2PE) solution to merchants.
Benefits of a PCI-validated P2PE solution include reduced PCI compliance and scope; time and money savings on annual audits; and assurance that the technology has been approved by the PCI Security Standards Council.
The Bluefin solution secures credit and debit card transactions by encrypting all data within a PCI-approved point of entry device. Encryption prevents clear-text cardholder data from being available either in the device or the merchant’s system, where it could be exposed to malware. Data decryption is only done offsite in a Bluefin hardware security module.
The Monetary payment platform blends multi-processor payments, tokenization, automation, loyalty, offers and gift cards. Monetary will utilize Datacap Systems’ integrated payment platform, which enables POS developers to write to one simple interface for hardware and processor-agnostic integrated payments.
“While Datacap has consistently offered security-centric payment solutions to the channel, the addition of a PCI-validated P2PE payments option from Bluefin ensures that our POS partners are able to accommodate the security requirements of any merchant,” said Justin Zeigler, Director of Product Strategy for Datacap Systems in a statement.