The PCI P2PE Standard provides a comprehensive set of security requirements for validation of P2PE solutions, applications and components to protect payment card data. Expected in December of 2019, the P2PE v3.0 Standard and Program have been streamlined to facilitate a greater degree of flexibility for industry stakeholders as well as to improve the assessment process.
In an increasingly complex payment environment, many merchants are seeking a more flexible approach to help streamline their payment process, enhance payment security and manage PCI scope. This is where a semi-integrated payment environment comes into the picture.
Whether you are a big hospitality chain, a quick-service restaurant or a small retail apparel store, payment security is critical to your business and your reputation. Your customers entrust their payment information to you, and they expect you to protect it.
A Balanced security approach is a fundamental best practice when it comes to securing your payment infrastructure. Encryption and tokenization, firewalls for back-office systems or mobile device management (MDM) solutions can play a major role in preventing data theft — but a purely technology-based strategy isn’t a cure-all. Employees, from high-level executives to in-store associates, are an essential piece of your tiered security strategy.
Payments technology is evolving quickly and so are merchants’ needs and expectations along with it. For independent software vendors (ISVs), becoming a merchant’s preferred provider during this time of rapid change may seem especially challenging.
