Ingenico adds First Data encryption solution to POS terminals
06 April, 2012
category: Contactless, NFC
Ingenico has announced that it will integrate First Data’s TransArmor data encryption and tokenization technologies across its line of Telium point of sale terminals.
According to the partners, the addition of TransArmor will provide greater security to U.S. retail customers making EMV, NFC and magnetic stripe payments on Telium reader products.
In 2012, beginning with Telium retail devices, the TransArmor solution will be available to merchants in every Telium form factor including customer facing, countertop and mobile payment devices.
With the TransArmor solution, payment card data is encrypted from the moment it enters the merchant environment throughout the entire transaction, according to First Data. After the payment is authorized, sensitive payment card data is replaced with a non-sensitive, random token number that preserves the value of card data for merchant business operations and marketing purposes but removes all cardholder or transaction information that criminals may find useful.