Voltage Security and Merchant Link Announce Point-to-Point Encryption, Decryption and Tokenization Services for Payment Protection

  • Merchant Link
  • 01.11.11
New hosted solution offers large merchants cloud-based services to protect cardholder data
 
Voltage Security, a global leader in enterprise and payment card data protection inside and outside the cloud, and Merchant Link, a leading provider of payment gateway and data security solutions, announced a partnership to provide point-to-point encryption, cloud-based decryption and tokenization to large merchants looking for a comprehensive security solution to protect cardholder data and reduce PCI scope.

The new hosted solution enables merchants to have their Voltage SecureData™ Payments solution with the decryption and tokenization services hosted within the high performance Merchant Link Payment Gateway™.
 
“Voltage is taking a leadership role in providing data protection both inside and outside the cloud.  Now, for the protection of sensitive cardholder data used in payment transactions, merchants can turn to Merchant Link and Voltage for a safe and powerful solution to protect both data in-flight and data at rest,” said Mark Bower, vice president of product management for Voltage Security.

“With this new offering, we are moving the decryption point to the cloud, so the merchant no longer has to have decrypted data in their environment. Data is protected within our secure, PCI-validated redundant data centers. And because the decryption and tokenization is cloud-based, it is both affordable and easy to implement,” said Dan Lane, chief technology officer, Merchant Link.

The service provides the following merchant benefits:
• A comprehensive solution to secure data in-flight and data at rest provided by two industry leaders.
• Voltage Security’s point-to-point encryption technology, where cardholder data is encrypted immediately at point of capture and remains protected throughout the merchant’s environment.
• Merchant Link’s TransactionVaultTM tokenization technology, decryption, and payment gateway connecting the POS to the merchant’s processor of choice.
• The convenience and added protection offered by a cloud-based decryption and tokenization service.
• Simplified key management; no need to inject keys into devices or manually rotate encryption keys.
• Encryption support for the widest range of form factors in the industry, from payment peripherals, to counter-top terminals to multilane terminals.
• Removal of cardholder data from merchant environment along with outsourced key management, allowing for a significant reduction of PCI scope.




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