This solution is a combination of secure devices, applications and processes that encrypts data at the point of reading e.g., a payment card (by swipe or contactless tap) and decrypts the data at the gateway.
This is a standard to ensure card-present transactions are secure from the point of card reading through to the payment authorization.
However, here are the top three things that P2PE cannot do:
- De-scope your contact center
- Make you PCI DSS compliant
- Offer a cheap solution
Read more about telephone payments