Payworks, a German payment technology firm, has rolled out a new service that will allow payment providers to build their own point-to-point encryption (P2PE) solutions for merchants.

The payments firm said that its new Point-to-Point Encryption (P2PE) offering for Decryption Management Services will save time and money as well as reduce the complexity of P2PE.

As a listed P2PE component provider, the payment firm allows providers building solutions with Verifone and Miura devices to integrate the Payworks components.

The P2PE component services of the firm are currently live in the market, and have been integrated into listed P2PE solutions.

Payworks CTO and co-founder David Bellem said: “At Payworks we always make sure payment providers have access to the most secure and advanced payment technology. Now, we have taken this one step further by providing the building blocks for P2PE solutions.

“We understand the broad scope of security compliance and work to ensure the burden and intricacy of P2PE is fully removed, enabling payment providers to enhance their solutions for merchants.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.