Inversiones Platco Deploys Hypercom Encryption
Hypercom announced that Inversiones Platco electronic payment network will immediately make available Hypercom’s EFTSec P2P payment data encryption protection to member banks and more than 46,000 merchant customers. EFTSec encrypts cardholder data during transaction processing, starting at the payment terminal and ending at a trusted point where the data is decrypted. EFTSec is the industry standard for payment terminal initiated link encryption in Asia and is used by major banks with combined assets of nearly US$200 billion, and is licensed to and implemented by several major terminal manufacturers in Asia.