Ingenico launches On Guard payment encryption service
06 January, 2011
category: Contactless
Ingenico, a provider of payment devices and services, has announced the release of its new On-Guard payment transaction encryption and tokenization service for independent software venders (ISVs) and merchants.
According to Ingenico, On-Guard is built on the industry standards of 3DES DUKPT for point-to-point encryption (P2PE) and host-based tokenization technology, providing secure transaction processing and stored data security, as well as pre and post-authorization, by encrypting and tokenizing card data at the point-of-sale.
On-Gaurd is compatible with Ingenico payment devices already on the market and offers an array of key differentiators such as encrypting sensitive cardholder data from swiped, manually keyed, contactless and smart card data transactions.
McAllister Software Systems, creator of AVImark software and other practice management tools for the veterinary industry, is the first ISV to integrate Ingenico On-Guard with its payment card processing service.