Bluefin Payment Systems will introduce a PCI-validated Point-to-Point Encryption (P2PE) solution.
To face data breaches and cyber fraud increasingly dangerous, multiform and
sophisticated, henceforth Bluefin Payment Systems relies on a PCI-validated
Point-to-Point Encryption (P2PE) solution validated through qualified P2PE
assessor, 403 Labs, LLC, in the 4th quarter of 2013.
For those who unfamiliar, Connectikpeople may recall that, the PCI P2PE
Standard requires a PCI-approved point-of-interaction device
(POI) and HSM (hardware security module) key management; software solutions are not currently eligible for P2PE validation.
(POI) and HSM (hardware security module) key management; software solutions are not currently eligible for P2PE validation.
According to Bluefin Payment Systems, to date, no U.S.-based company has
attained Council validation for a hardware-based P2PE process.
Connectikpeople has discovered that, the P2PE solution is designed to
protect credit and debit card data at the point that the card is swiped or
typed before it is transmitted through the point of sale (POS) system to the
payment provider. The goal of P2PE is to not only reduce the potential for
malicious hacking and fraud, but also to reduce or eliminate PCI DSS scope for
merchants.
Finally Bluefin’s P2PE solution will interface with the company’s PayConex
platform, which provides security features such as tokenization, end-to-end
encryption (E2EE) and transparent redirection.
About Bluefin Payment Systems
Bluefin Payment Systems is a leading provider of secure payment
technologies to integrated software vendors (ISVs), SaaS providers and major
U.S. and Canadian merchants. The company’s PayConex payment platform secures
merchant transactions with features including tokenization, end-to-end encryption
(E2EE) and transparent redirection, while providing all debit/credit card, ACH
and E-check processing. Bluefin offers mobile, POS, E-commerce and virtual
terminal solutions. The company is partnered with over 100 software companies
and serves U.S. and Canadian merchants through their offices in Atlanta, New
York, Chicago and Tulsa.