Worldpay is helping UK retailers reduce the complexity and cost associated with gaining PCI compliance by becoming the first payment acquirer to be able to offer customers a complete end to end omni-channel payments service that includes Point to Point Encryption (P2PE) Version 2 certification from the Payments Card Industry Council.
The cost of PCI Data Security Standard (PCI DSS) compliance can be significant, often meaning substantial investments of operations and resources for some of the country’s largest retailers. PCI-listed P2PE solutions can help to reduce the cost and scope of a PCI DSS audit. Through end-to-end encryption of customer card details, the information is protected, rendering it useless if intercepted by a malicious third-party.
By gaining the latest P2PE Version 2 certification for their omni-channel solution Worldpay Total, Worldpay is uniquely positioned with a single, scalable solution for UK retailers to handle payments processing and reduce the complexity of becoming PCI compliant.
P2PE Version 2 is the evolution of the Point-to-Point Encryption standard from the PCI Security Standards Council, which came into effect in September 2015.
Worldpay’s fully managed service includes a number of additional features to help make day-to-day management easier, such as PED (Pin Entry Device) tracking and monitoring, which businesses must evidence as part of their PCI DSS assessment.
Worldpay provides an extensive range of technology-led payment products and services to over 400,000 customers, enabling their businesses to grow and prosper. The Company processes payments from geographies covering 99% of global GDP, across 146 countries and 126 currencies. We help our customers to accept more than 300 different payment types.
Worldpay UK has a 42% market share in the UK and helps businesses of all sizes sell more to their customers by accepting card payments in-store, online, via mail or telephone, and on the move.
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