Bluefin Payment Systems, a technology vendor based in Georgia, will provide mobile point-to-point encryption technology to Infinite Peripherals, a point of sale system provider.
Bluefin will embed encryption through its QuickSwipe mobile point of sale system. The addition of encryption should protect cardholder data in the event of a breach by hackers.
Further securing mobile payments will combat "the perception of insecurity," and lower compliance burdens for merchants, Bluefin founder and chief innovation officer Ruston Miles said in a Feb. 24 press release.
Encryption is seen as a technology that can complement the use of EMV-chip cards at the point of sale, as well as reduced the scope of a company's compliance with the Payment Card Industry data security standard.
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Corrected March 4, 2015 at 6:06PM: An earlier version of this story misstated Bluefin's location and the ownership of the QuickSwipe product.