Encryption, tokenization offers cardholder data protection
VeriFone Systems Inc. and First Data Corp. are joining forces to launch VeriFone’s edition of the First Data TransArmor solution for U.S. multi-lane and petroleum merchants. An end-to-end encryption and tokenization solution, TransArmor addresses retailers’ need for enhanced payment security, offering cardholder data protection in advance of the 2017 EMV deadlines for fuel transactions. First Data customers using VeriFone’s Secure PumpPay and MX series of EMV and NFC-enabled devices can take advantage of a complete security solution combining VeriFone’s VeriShield encryption along with tokenization technology. Cardholder data benefits from increased protection in-flight from the moment it enters a merchant’s environment—whether indoors or at the pump—to First Data’s data center.