Payment Systems Infrastructure, trusted with handling millions of point-of-sale (POS) and online transactions daily, faces the ever broadening challenge in protecting private customer data across multiple areas of vulnerability >> from customer bankcards, computers and devices, to brick and mortar & online merchant computer systems, which, in turn, rely upon multiple networks of payment processing intermediaries to facilitate payments from the card issuing banks. All of these systems, including their underlying communication systems are under constant threat of cyber attack.
This is a fundamental security weakness as has been evident by numerous breaches and hack attacks in the nation's payment infrastructure. There have been no long term viable solutions – UNTIL NOW.
Ever wondered. . . what happens during payment transactions at merchant point-of-sale (POS) and the underlying cause of ever persistent cyber hacks and data breaches?
At Brick & Mortar Merchants:
Customers transfer their bankcard data to the merchants using card-intake infrastructure of a physical POS.
At Online Merchants:
Customers transfer their bankcard data to the merchants using card-intake infrastructure of online POS.
At Restaurant Merchants:
Customers transfer their bankcard data to the merchants using card-intake infrastructure of restaurant POS.
Against this background, the technologies developed by Sales Transaction Systems to secure the existing payment systems infrastructure, are nothing short of revolutionary.
We studied and identified the root causes of these data security vulnerabilities across the electronic
payments industry and developed a simple and elegant solution. We call this elegant solution
Card Secure® Platform – a unique merchant servicer.
How is this possible?
Read more . . .
Card Secure® Platform succeeds in providing a single solution across all three vulnerable points creating a fundamentally secure payment processing platform that benefits merchants, their customers and all payment transaction intermediaries, including card-issuing banks.
– backed by a portfolio of US Patents –
This fundamentally different solution, works within the existing payment infrastructure and conducts a payment transaction as seamlessly as now,
without merchants ever receiving customers' bankcard data.
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Contact: info@salestransactionsystems.com