Voltage Security is working with the payment processor Mercury Payment Systems to expand the latter's data encryption while helping its partners and merchants comply with Payment Card Industry data security standards.
Voltage, a security and stateless key management vendor, enables merchants to encrypt sensitive payment information at the time of capture and transmit that information, fully encrypted, to the processing hosts.
By ensuring data is useless even if it is compromised, Voltage eliminates the downside of a data breach, the companies say.
"We're pleased to work with Mercury in implementing Voltage SecureData in an environment where their POS channel partners can reap the benefits of a truly data-centric security system without needing to change their existing processes," Matt Pauker, co-founder of Voltage Security, said in a Sept. 19 press release.
Besides security, Voltage SecureData Payments offers business benefits, the release said.
"One major challenge to enhancing security in payment processing is managing the dizzying variety of devices and form factors embedded into the process," the release said. "While other encryption solutions are typically designed around particular devices, Voltage SecureData Payments is platform-agnostic and can be implemented with virtually any mobile or POS device."
"At Mercury, we're keenly focused on providing secure, seamless integration of our payment processing services to help POS partners maximize their systems' functionality and drive results for their merchants," Brian Sadowski, Mercury CIO, said in the release.