Bluefin Payment Systems, provider of secure payment technology for enterprises, financial institutions and small to medium-sized businesses, today announced that its PayConex PCI-validated Point-to-Point Encryption (P2PE) Solution is certified for mobile payments, according to a company release.
The solution is the first North American mobile solution to receive PCI validation, Bluefin says, and the Mobile P2PE Solution will interface with the company’s QuickSwipe mPOS system. Companies can choose to use the QuickSwipe Mobile P2PE Solution with an iOS phone or tablet, or they can choose the complete QuickSwipe mPOS solution, including the tablet stand, cash register and Bluetooth printer.
PCI-validated P2PE encrypts cardholder data within a PCI P2PE approved point of entry device so that it does not reach the merchant’s system or network as clear-text cardholder data where it could be accessible to a fraudster in the event of a data breach.
“In this age of cyber-attacks and security breaches, a secure mobile payment solution is absolutely mandatory,” said Ruston Miles, Chief Innovation Officer, Bluefin Payment Systems, in the release. “Protecting cardholder data, guarding against fraud and, concurrently, reducing merchant and issuer liability requires a multi-faceted approach to securing card information and customer data.”
“The security of mobile phones and tablets continues to evolve and merchants do not have the ability to modify mobile device configurations to provide additional levels of security,” he added. “With our P2PE Mobile Solution, the card reader is tamper proof and all of the card data is encrypted with P2PE upon card swipe so card data is never stored on the device.”