Secure Payments need to be a priority for all organizations that process, store, or transmit payment information, including payment card data.
Most payments over the last few years have been cashless. Digital payment solutions are continually evolving in line with customer expectations and market demand. ATMs and POIs as established starting points in the transaction chain are being complemented by non-card-based payment methods such as smartphones or IoT devices.
In this highly regulated industry, the complexity and potential exposure to security vulnerabilities are of increasing concern. Utimaco offers modular, proven, and compliant applications to secure the whole heterogeneous transaction processing chain, from points of departure to the end - in full compliance with PCI DSS and FIPS 140 regulations.
Secure payments are fundamental for both online and offline businesses and is important for maintaining customer confidence, complying with relevant regulations and standards, and minimizing financial losses. Secure payment solutions aim to maintain the payment data's integrity, confidentiality, and availability during the transaction process.
The security of payments is a complex challenge that necessitates a diverse and adaptable range of technologies. However, by implementing the appropriate solutions, organizations can foster a secure payment environment and gain a competitive edge in the market, strengthening consumer trust and enabling efficient compliance practices.
To keep customer data safe from hackers, credit and debit card issuers require organizations to follow a set of policies and practices developed by the Payment Card Industry, known as The Payment Card Industry Data Security Standards (PCI DSS).
Utimaco’s secure payments solutions meet all necessary requirements of the payment industry’s security landscape. From Merchant’s Points of Sales, mobile devices, and ATMs, we cover the complete chain of PIN encryption, authorization, PIN translation and Key Management through Acquirers, Switches, and Issuers.
Choosing an HSM that suits your needs
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Or download the Solution Leaflet about the differences between Payment HSMs and General Purpose HSMs, and how Utimaco can help in providing the right one for you.
