Hypercom has rolled out HyperSafe Secure EFTSec Server 2.0 point-to-point payment data encryption system for processors and independent sales organisations (ISOs) supporting Tier 4 merchants using Optimum T4200 countertop and M4200 mobile payment terminals in the US. A key component of Hypercom’s HyperSafe Secure suite, EFTSec 2.0 encrypts cardholder data during transaction processing, starting at the payment terminal and ending at a trusted point where the data is decrypted.
“EFTSec 2.0 squarely answers our customers’ uncompromising call for proven and trusted point-to-point encryption without the oppressive, never-ending transaction fees that others are trying to force on the market. With our own EFTSec 2.0, and through our strategic partnerships with Voltage, First Data and MagTek, we provide multiple vendors’ technologies resulting in the broadest suite of security solutions, each addressing a unique need to cover all segments of the retail market. And, we are considering making this technology available to support competitors’ payment terminals,” said TK Cheung, vice president, global quality and security, Hypercom.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
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Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more