News: TRANSAXpay EFT Software means fast P2PE implentation


FIS, the leading payment services provider has announced a major innovation that will assist retailers and others to implement a fast, robust solution to secure card payment data at the point of sale.

After many years of developing secure payment acceptance solutions for a cross section of retailers, the company has launched TRANSAXpay EFT Software. The solution is  specifically designed for the PIN Entry Device (PED) and ensures the secure transmission of card payment data through to the local hardware and onwards for authorisation.

“TRANSAXpay EFT Software is a configurable, scaleable and flexible  encryption solution that can enable the merchant to quickly meet the latest encryption guidelines, laid down by the PCI Security Standards Council” says John Fogwill, Payments Product Development Manager, FIS.

“There are many issues to consider when securing card data at the point of sale. TRANSAXpay EFT Software can help you to meet these, with a rich set of features that ensure your encryption solution is highly secure and easily installed”.

Further information is available from FIS. The solution includes:

  • Double encryption for added security
  • Secure authorisation messaging
  • Convenient implementation
  • Automatic updates
  • Contactless compatibility

This flexibility can lead to reductions in processing costs and time savings at your point of sale.

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