Atlanta, GA (PRWEB) April 16, 2014
Bluefin Payment Systems, the leading provider of integrated, cloud-based payment and security technology, is bringing the security and innovation of its PayConex™ point-to-point encryption (P2PE) solution to the faith-based market.
Bluefin is the first, and to date the only, North American company to receive Payment Card Industry (PCI) Council validation for a point-to-point encryption (P2PE) solution. PayConex P2PE encrypts credit and debit card data in a secure point of entry device, ensuring that clear-text cardholder data does not reach a merchant or organization’s POS systems and networks where it could be exposed to malware.
A study commissioned by Cintas Corporation and conducted online by Harris Interactive in 2013 found that two thirds of U.S. adults would not return to a business if their personal information was stolen. And of those polled, 38% stated that they would donate to a different charity/non-profit organization if their information was breached.
“Our PayConex point-to-point encryption solution is designed to protect donor’s data at the moment it is entered in the approved point of entry device, which we feel is an especially relevant security feature for the faith-based market,” said Ruston Miles, Chief of Product Innovation for Bluefin. “The reality is that faith-based organizations subsist almost entirely on donations. The compromise of a donor’s credit card information in any system would be catastrophic to a faith-based organization – from a monetary and a brand perspective.”
Since 2007, Bluefin has specialized in secure payment processing for faith-based organizations, from large congregations, to U.S. and international ministries, to medium-sized churches. Through PayConex, faith-based organizations get a state of the art donation platform that includes point-of-sale (POS), mobile/tablet, and E-commerce donation options with tokenization and recurring billing features.
“One aspect that we have appreciated most about our relationship with Bluefin is their willingness to always innovate in both payments and security, and truly keep up with the needs of their clients,” said Lance Goudy, Director of Information Technology for T.D. Jakes Ministries and The Potter’s House. “Becoming the first company in the U.S. to offer a new standard for security, PCI-validated P2PE, demonstrates their dedication, commitment and drive to secure donations and payments.”
Bluefin’s PCI-validated P2PE solution is available through the company’s PayConex platform, allowing for a seamless, simple and smart way to secure payments – without any additional effort on the part of the merchant or software vendor.