Ingenico SA has joined its peers in the terminal industry by offering merchants enhanced data security support throughout transactions.
For merchants "it is difficult and complicated and confusing to sort through the plethora of products and try to stitch a variety of disparate [products and services] together and to actually meet the PCI requirements," Deborah Dixson, Ingenico's senior vice president of security solutions for North America, said in an interview last week.
As part of its security strategy for merchants, Ingenico said last week, it will encrypt data at the point of card acceptance, with no per-terminal or per-transaction fee, and include its On-Guard Card Acceptance encryption technology in new payment devices deployed in North America.
Merchants buy a secure device "for the specific purpose of capturing [transactions] securely," said Dixson. "To charge another fee on top of it when [merchants] already have bought a device doesn't make a lot of sense."
The manufacturer also is to provide card and transaction tokenization to reduce the storage of sensitive card data and to provide Payment Card Industry Data Security Standard-related services to help merchants comply with the standard.
Ingenico said its security efforts are comparable to those of its competitors, Hypercom Corp. and VeriFone Holdings Inc.
Hypercom and VeriFone have both announced encryption for merchants.