I will admit to you that I am a bit tired today. Maybe it was the 4am wake up call to make my 6:15am flight or quite possibly I am just tired of the same old message being presented on EMV. Continue reading →
I tell people all the time that it is insane to continue to hand credit cards (inherently sensitive information) over to merchants and then to expect the handling of those credit card numbers to be secure. Continue reading →
This week I was at the first CARTES in North America presenting on some of the security aspects of EMV. I've been to lots of shows and conferences over the years, but never one that was a "first” so it was kind of special. Continue reading →
Yes, but I can't pass anything larger than a $10 bill without the clerk writing on it with their special pen that detects fraudulent currency. So...all payment forms have their detractors. Chris Souther
Good question David. We have been PCI compliant for a while now. VeriFone's encryption solution, VeriShield Total Protect, comprises two solutions (encryption and tokenization) to secure cardholder data. At the point of capture (swipe, scan etc.) card-data is encrypted so that unencrypted data never traverse either the POS or the merchant's network. It stays encrypted (and PCI compliant) until it is decrypted, typically at the processor. For those merchants that want to store transaction data, for loyalty purposes, chargebacks, etc. our tokenization converts card data into unusable and completely different. So even if they store it, they are still within PCI compliance.
The PCI assessor, CoalFire, assessed our PAYware Mobile product, using our encryption and certified that it is PCI compliant. You can read the Press Release on it here: http://global.verifone.com/company/press-room/press-releases/2011/assessor-validates-verifone%E2%80%99s-payware-mobile-enterprise-compliant-with-payment-security-requirements
http://www.verifone.com/company/resources/white-papers Chris Souther
We also believe cash will be around for a very long time. Cash is always PCI complaint. Great blog post Chris! APG Cash Drawer