Consorcio de Tarjetas Dominicanas SA, or CardNET, plans to use VeriFone Systems Inc.’s Total Protect encryption service, the payment terminal maker announced Jan. 31.
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The Dominican Republic-based processor is VeriFone’s first client in the Caribbean region. CardNet will use VeriShield to encrypt card data.
San Jose, Calif.-based VeriFone has partnered with RSA, the security division of EMC Corp., to provide the tool. VeriFone and RSA announced their cooperative security effort in October (
CardNet would not comment on the number of terminals involved, the value of the deal or how many merchants potentially could use the service because it considers those details confidential, a VeriFone spokesperson tells PaymentsSource.
