CRE Secure and PayLeap Announce Tokenization and New Security Features for their Integrated PCI Compliant, Payment Processing and Gateway Solutions

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CRE Secure and PayLeap announce new payment security enhancements of tokenization, employee-based account privileges, fraud detection and risk management tools that are designed to reduce the risks associated with online credit card fraud and associated security breaches for merchants and other organizations that accept online credit card payments.

Secure hosted payment solutions with CRE Secure

CRE Secure Payments is the first cloud-based Internet payment security company with end-to-end PCI compliance for card-not-present merchants.

The CRE Secure Hosted Payment Bridge™ and PayLeap 2.0 integration establishes a highly secure and customizable PCI-compliant payment processing, account security, fraud detection and risk management solution.

CRE Secure, the industry’s first cloud-based, outsourced, secure payment solution for online merchants and PayLeap, an integrator of credit card processing and gateway services for brick-and-mortar and e-commerce merchants, announce new payment security enhancements of tokenization, employee-based account privileges, fraud detection and risk management tools. This integrated payment solution allows merchants and other organizations that accept online credit card payments to further reduce the risks associated with security breaches and incidents of online credit card fraud.

“PCI compliance and securing cardholder data continues to be top-of-mind, whether you’re a consumer, retailer or enterprise that accepts payments by credit card. Fraudulent attacks on cardholder data continues to cost consumers and businesses millions of dollars each year, and the growing use of mobile devices provides hackers with new avenues for illegal behavior,” said Daryn Barney, vice president, business development for PayLeap. “As a payment processor and gateway integrator, we are committed to providing our merchants, developer partners and resellers with total peace of mind when it comes to security. We do this by working with partners like CRE Secure to provide our customers with cutting-edge security solutions.”

The new CRE Secure Hosted Payment Bridge™ and PayLeap 2.0 integration establishes a customizable PCI-compliant payment solution that provides merchants, developers and resellers with secure payment processing, gateway, account security, fraud detection and risk management services.

CRE Secure and PayLeap new, integrated security features include:

  • Tokenization. Converts sensitive cardholder data to a symbolic representation, known as a token, during payment processing. The token is then used by the merchant to represent the cardholder data, taking the transaction out of scope for PCI compliance as the cardholder data never enters the merchant’s environment.
  • Robust Account Security. Merchants can customize account access privileges by employee role, helping to eliminate insider security breaches.
  • Fraud Detection Tools. Duplicate transaction detection and check verification safeguard transactions from common types of fraudulent activity.
  • Risk Management Tools. Velocity management allows merchants to establish maximum transaction volume levels by payment type, product offering, amount and margin, instantly identifying transactions that fall outside these parameters.

“CRE Secure focuses on serving the security needs of any enterprise that accepts credit card payments in an online environment, namely retailers, e-commerce merchants, non-profits, subscription services, but you’ll also find that organizations with call centers that handle payments benefit from our security solutions,” said Greg McGraw, president and CEO of CRE Secure. “Our cloud-based, patented technology provides better security because of our ability to scale and pass that value, technology and expertise on to our customers and the customers of our partners, but more importantly, we are able to take the cardholder data out of scope for PCI compliance. And with this latest security release, PayLeap customers can now add transaction tokenization to their payment security options for heightened cardholder data security.”

CRE Secure’s service enables merchants to achieve full PCI DSS (Payment Card Industry Data Security Standards) compliance for the processing of online credit card payments. Organizations found to be in non-compliance and who experience a credit breach face stiff penalties from the major card brands, including fines, increased transaction fees and the freezing of merchant accounts.

The company will be showcasing CRE Secure Hosted Payment Bridge with tokenization at the upcoming Internet Retailer Web Design& Usability Conference, booth 218. The conference and exhibition takes place at the Hyatt Regency Grand Cypress in Orlando, February 14 through February 16, 2011.

About PayLeap
Priding itself on service, the PayLeap mission is to be an outstanding corporate citizen in the electronic payments industry. Transparency, value, simplicity and service are the core values of the innovative payment processor. PayLeap has successfully simplified payment acceptance by bundling a single all-in-one payment gateway and merchant account solution. Known for innovative, secure payment solutions, PayLeap leads the evolution of online payment processing. For more information, visit http://www.payleap.com.

About CRE Secure
CRE Secure is the first global, cloud-based Internet payment security company with end-to-end PCI compliance for card-not-present merchants. CRE Secure enables leading e-commerce, payment acceptance and credit card gateway solutions with PCI-compliant, hosted payment processing using patent-pending technology. CRE Secure solutions are distributed via the company's global sales organization and partnerships with leading banks, payment integrators and gateways. CRE Secure is a level one PCI DSS-certified service provider and a contributing member of the PCI Security Standards Council. For more information, visit http://www.cresecure.com.

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Heather Roberts
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