Data security breaches represent a real threat to any business conducting electronic payment transactions.
To meet the requirements of the Payment Card Industry Data Security Standards (PCI DSS) to protect stored-cardholder data, merchants have invested in security solutions that may still leave their systems vulnerable to attack. Finding a cost-effective way to meet PCI DSS requirements, while at the same time maintaining the highest level of security, can be a daunting task.
Paymetric’s tokenization solution, XiSecure™ On-Demand for Cardholder Data eliminates the transmission and storage of sensitive cardholder data.
Tokenization improves data security and reduces the scope and financial burden of PCI compliance. Merchants no longer possess sensitive cardholder data, yet they can conduct business as usual with “tokens” that span the entire customer relationship. As a result, merchants experience less exposure to credit card security breaches.
How It Works
XiSecure™ On-Demand intercepts cardholder numbers (all within an enterprise payment acceptance system) and replaces them with a surrogate value known as a “token.”
The “token” is a unique ID that references the actual data associated with the card number. The card number is stored in Paymetric’s secure, off-site PCI compliant data vault. The token can be passed throughout the enterprise to meet customer interaction demands and support customer analytics without disruption of day-to-day business activities. It’s that simple.
Understanding PCI Compliance
|Understanding PCI||PCI DSS Standards|
|Reducing Cost and Scope of PCI||PCI Compliance & Security Statement|
|XiSecure for Cardholder DataData Intercept For SAP||XiSecure™ On-Demand BenefitsXiPay™ On-Demand OverviewXiSecure™ On-Demand Features|
Value Added Solutions
Data Intercept Solutions: Tokens are generated outside of enterprise payment acceptance systems and applications to ensure that sensitive cardholder data never enters the merchant environment. This solution integrates with any system.
1Washington Post, 1/6/2009
22008 Annual Study: Cost of Data Breach, Ponemon Institute 2009
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