Merchants no longer store cardholder data

[img_assist|nid=10326|title=|desc=|link=none|align=left|width=100|height=44]Electronic Payment Exchange (EPX), a global industry-leading provider of fully integrated, secure, end-to-end payment processing solutions upgraded its patent pending BuyerWall Solution to remove cardholder liability for merchant payment processing at the point of card swipe in a retail environment at the expense of instant data preservation.

With BuyerWall's enhanced retail solution retailers no longer need to use their technical infrastructure to process credit card transactions. Customers swipe their cards, the track data is encrypted and securely transferred to EPX. There is no chance for external and internal fraud right at the point of swipe as the merchant's system never handles any exploitable cardholder data.

EPX offers BuyerWall solution to merchants in such sectors as point-of-sale (POS), mail order/telephone order (MOTO) and Internet. With BuyerWall the sensitive data is never stored by merchant’s system. BuyerWall shields cardholder data by separating the card number from the sales information, and processing the transaction independently of the merchant or other vendors. The system can be applied to credit, debit and check payments.