First Data Announces PCI P2PE Validation for Enterprise Clients

PCI Council approved P2PE (point-to-point encryption) validation
helps merchants reduce PCI compliance by as much as 90 percent

First Data becomes first processor to offer P2PE validation without
the need for a gateway

NEW YORK–(BUSINESS WIRE)–First
Data
 (NYSE: FDC), a global leader in commerce-enabling technology,
today announced a new PCI P2PE validation to its portfolio, TransArmor
P2PE using Ingenico Group’s On-Guard solution. The addition of
TransArmor P2PE makes First Data the first processor to offer enterprise
clients a single, multi-layered solution with both point-to-point and
end-to-end encryption.

“The PCI Validation of TransArmor P2PE will reduce PCI scope for our
enterprise clients, and minimize the burden these businesses feel on an
annual basis,” said EJ Jackson, Senior Vice President, Head of Security
and Fraud Solutions at First Data. “Businesses that are secured by First
Data stay compliant and provide their customers with the most secure
commerce experience possible.”

As part of the validation process, First Data partnered with Sysnet
Global Solutions to ensure all facilities and processes met PCI P2PE
guidelines. The addition of TransArmor P2PE adds to First Data’s suite
of P2PE solutions, which secure data in use, in transit, and at rest.
First Data’s Clover Solutions for small and medium sized businesses were
P2PE validated in 2018, and CardConnect was validated in 2017.

TransArmor P2PE using On-Guard is currently available on Ingenico
Group’s Telium 2 line of smart terminals. First Data expects additional
encryption types and terminal vendors to be added throughout 2019.

Benefits to using TransArmor P2PE include:

  • Multi-layered approach to security; including Point-to-Point
    Encryption, Encryption through entire lifecycle to First Data
    platform, and TransArmor Tokenization when at rest
  • Leverage existing certifications for lowest cost path to P2PE
  • Provides the tools to reduce compliance scope and overhead by 50 to 90
    percent1

To learn more about TransArmor P2PE, visit the First Data booth at the
NRF Show in NYC January 13-15 (Booth #4201).

1 P2PE validation reduces the number of
SAQ-D questions on a merchant’s PCI Assessment from 332, to 33 using
SAQ-P2PE.

About First Data (NYSE: FDC)

First Data (NYSE: FDC) is a global leader in commerce-enabling
technology, serving approximately 6 million business locations and 4,000
financial institutions in more than 100 countries around the world. The
company’s 22,000 owner-associates are dedicated to helping companies,
from start-ups to the world’s largest corporations, conduct commerce
every day by securing and processing more than 3,000 transactions per
second and $2.4 trillion per year. For more information, visit www.firstdata.com
and follow us on Twitter at @FirstData
and LinkedIn.

Contacts

Andrea Duffy
First Data
646-984-0240
Andrea.Duffy@firstdata.com