Payments hardware provider Ingenico is to roll out First Data’s
a TransArmor security solution its Telium range of products in the
US.
Some 230,000 US merchants already use the
TransArmor solution. For them, security remains “a critical success
factor” said First Data’s Merchant Product Management VP Tim
Horton.
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“The powerful combination of encryption and
tokenisation technologies will establish a security standard that
will help secure customers’ payment card data and ultimately enable
universal commerce” Horton said.
TransArmor replaces all cardholder details and
transaction information with a numerical token.
Ingenico’s Telium devices support EMV and NFC
technologies and meets the PCI Data Security Standards for
encryption and tokenization, the companies asserted.
TransArmor can help retailers in two ways,
according to Ingenico’s senior VP of Product and Development
Gregory Boardman: “Not only are their transactions better shielded
from compromise from data breach threats, but they preserve the
reporting, risk management, and support they receive from their
processor”
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