FreedomPay Announces Multi-Functional PCI Certified Point-to-Point Encryption Commerce Platform
Platform Developed with Ingenico and ScanSource Offers EMV and NFC Capabilities
It’s been a long year filled with anticipation, as we ran the gauntlet through about 1,000 PCI DSS controls and audits to bring a new level of security to our commerce platform.
And following months of onerous work, today we are thrilled to announce that we are delivering a PCI certified point-to-point encryption (P2PE) payment platform with full EMV, NFC and PIN debit capabilities – a first of its kind solution in North America.
While we would love to shout it from the rooftops, you’re probably wondering what PCI certified P2PE technology means for the industry – and why it should matter to you.
In response to recent security breaches, more emphasis has been placed on merchant payment security than ever before. And while the pending EMV requirements will result in big changes, it’s not enough to completely protect the payment channel.
As the deadline for moving to EMV looms, replacing point-of-interaction (POI) devices will be a requirement. Fortunately for merchants, PCI certified P2PE combined with EMV creates a foolproof solution that secures valuable payment data and authenticates the card holder. Even better, they can be installed together – delivering a one-two punch to thwart hackers.
To make our fully-functional P2PE solution a reality, we’ve joined forces with Ingenico and ScanSourceto leverage best-of-breed technology from each partner.
Ingenico devices were integrated into our commerce platform to support point-to-point encryption, instantly reducing merchants’ scope for PCI DSS compliance and giving merchants options for future payment system expansion. Additionally, the POI devices are delivered through ScanSource’s secure distribution methods, which eliminate potential device tampering before installation.
Aside from world-class security, the FreedomPay Commerce Platform P2PE solution gives merchants the ability to expand their commerce ecosystem to include incentive and loyalty programs, which can be easily managed through an online portal, as well as adding mobile payments and Business Intelligence to drive revenue growth.
If you’re interested in learning more about our fully-functional PCI certified P2PE commerce platform, please contact us. We’d love to provide you with more information.