In today’s world of card transactions, merchants cannot be too careful. We are constantly bombarded with news from retailers, both large and small, of hacks and attempts that can cost both consumers and merchants dearly. This is why Solupay offers the most robust and up to date card security features and options to protect your interests:
1. Tokenization protects the storage of cards
2. EMV fixes the card using a programmable chip
3. P2PE protects the transmission and acceptance of cards
Tokenization allows merchants to store tokens for each transaction, and use that token instead of the original card data. Learn more about Tokenization HERE. EMV technology makes fraud and theft much more difficult. It’s worked well in other countries, and the hope is the same happens in the U.S. Learn more about EMV HERE. Point-to-point encryption (P2PE), sometimes referred to as end-to-end encryption (E2EE), is the ideal state in which credit card numbers and other sensitive information is encrypted from the point of entry (card swipe) to the other end (the issuing bank). Learn more about P2PE HERE.