VeriFone and RSA launch conjoint payment security solution

VeriFone Systems Inc has partnered with RSA, the Security Division of EMC, to market their conjoint end-to-end encryption and tokenization solutions as an integrated payment security offering to be branded VeriShield Total Protect.

When implemented, VeriShield Total Protect will use industry-proven security technology and leverage electronic payment systems deployed in the majority of merchants world-wide to provide a consistent, consolidated approach to protecting payment card data from end-to-end, both pre- and post-authorization.

“Until today, merchants have had to navigate among a variety of technical offerings in order to protect customers and meet compliance requirements for credit card transactions,” said VeriFone CEO Douglas G. Bergeron. “RSA and VeriFone are combining to solve this problem and let merchants focus on meeting customer needs, not mastering security protocols. VeriFone’s and RSA’s industry pedigrees create a gold-standard offering that processors and merchants can unify around as a single, stable answer to their security concerns.”