Bluefin announced that it will provide its Decryptx PCI-validated Point-to-Point Encryption (P2PE) Solution to Heartland Payment Systems’ clients seeking a PCI-validated P2PE solution.
Bluefin’s PCI-validated P2PE solution secures card transactions by encrypting all data within a PCI-approved point of entry swipe or keypad device, preventing clear-text cardholder data from being available in the device or the merchant’s system where it could be exposed to malware.
Decryptx brings the security of PCI-validated P2PE to Tier 1 and Tier 2 merchants with no change to their acquiring relationship. Heartland will integrate with Bluefin for Decryptx, and provide the solution to merchants on the Heartland platform.
“Bluefin’s PCI-validated P2PE is a valuable solution for our clients seeking a PCI-validated P2PE solution,” Robert O. Carr, Chairman and CEO, Heartland. “Heartland is dedicated to providing our clients the highest level of security for their transactions and we are very pleased to now also offer Bluefin’s PCI-validated P2PE solution.”
According to the Identity Theft Resource Center (ITRC), the number of U.S. data breaches tracked in 2014 hit a record high of 783 in 2014. This represents a rise of 27.5% over the number of breaches reported in 2013, with a total of 88 million consumer records breached in 2014.
“Cyber-attacks will never go away. Stolen credit card data is too valuable to a fraudster, whether used at the point of sale or in the Ecommerce environment,” said John M. Perry, CEO, Bluefin. “A holistic security approach to payments – which includes PCI-validated P2PE – must be adopted to render this card data useless.”
Bluefin offers the most comprehensive suite of P2PE solutions in the industry. In March 2014, Bluefin was validated by the PCI Security Standards Council (SSC) for their PayConex P2PE payment platform. The company now offers three PCI-validated P2PE products, including PayConex P2PE Enhanced Gateway, Decryptx, and their QuickSwipe mobile payments P2PE solution.
Bluefin’s P2PE for mPOS and retail POS is one of five solutions nominated in the Best POS Innovation category for the PYMNTS.com 2015 Innovator Awards. Winners will be announced on March 19th at Harvard University.
