There are only a few products today in the market that have end-to-end encryption and tokenization available to the market."
Atlanta, GA (PRWEB) February 29, 2012
PrismPay, a new product of BankCard Central, recently launched new security updates. The new security updates allows merchants and consumers to feel confident that any of their sensitive data that is placed into the payment gateway is completely safe and secure.
PrismPay’s virtual security tracks activity across all internet protocols and communication methods, including Tor, Anonymizers, P2PIRC, Usenet, HTTP and FTP. The gateway is continuously monitoring the internet on more than 2.2 billion IP addresses around the world.
The new payment gateway security updates include End-to-End Encryption, Tokenization, Geo-Location and Stored Profiles.
What does end-to-end encryption and tokenization mean for merchants?
End-to-End Encryption and Tokenization are two of the industry's most important topics for securing credit card data. The PrismPay payment gateway system creates tokens in place of credit card numbers using strict PCI Compliance guidelines. This allows merchants and customers to feel secure about personal data protection.
PrismPay monitors all transactions through our SAS70/PCI certified payment gateway and is one of the first payment gateways to develop such a robust security product.
"There are only a few products today in the market that have end-to-end encryption and tokenization available to the market." says Matt Hynes, Vice President of Sales.
With all the security and encryption put in place on the PrismPay payment gateway this allows for customers to feel confident using the Stored Profile Tool.
The Stored Profile Tokenization Tool allows consumers to store payment information for future purchases or payments without the need to enter card data each time a purchase or payment is made. This makes it unnecessary for consumers to store sensitive personal card data information on their personal computers. The Stored Profile Tool allows customers to use PrismPay as their data repository and keep that data PCI compliant.
BankCard Central is a leading provider of credit card processing, merchant accounts, merchant cash advances and other payment solutions to retail and restaurant merchants, corporations, and types of merchant accounts.
PrismPay is the second oldest gateway infrastructure provider in the U.S. The platform infrastructure supports many types of forms of payment including card-present credit cards, card not-present credit cards, signature debit, Pin debit, Pinless Debit, ACH, Check 21, Check verification, ID verification.
Here are some of the other new PrismPay payment gateway features you can read about in the near future:
- QuickBooks Plug-in
- Recurring Billing
- Real-Time Reporting
- ACH Billing
- Form Builder
- Risk and Fraud Tools Adjustable