Payment applications provider Ingenico and electronic commerce and payment processing firm First Data have partnered to launch First Data TransArmor application.
The new application will enable the two companies to increase payment security by incorporating TransArmor data encryption and tokenisation technologies across the Ingenico Telium range of products.
The Ingenico Telium range of devices is armed for EMV acceptance including options for NFC and EMV contactless payments.
The TransArmor application ensures complete security of the payment card data from the moment it enters the merchant environment throughout the entire transaction with encryption.
After a customer authorises the payment, the sensitive payment card data is replaced with a non-sensitive, random token number that preserves the value of card data for merchant business operations and marketing purposes but removes all cardholder or transaction information which could be misused by criminals.
The TransArmor application also meets the PCI Security Standards Council guidelines for encryption and tokenisation, and First Data agrees with their assessment that EMV adds an additional layer of security to those applications.
Telium and the TransArmor application work together to reduce the risks of card data exposure, and help to maximise retailers’ security investment.
