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First Data and Verifone partner to combat consumer payment data theft

12/17/2014

Atlanta – Payment technology provider First Data and secure payment acceptance technology vendor Verifone, are partnering to help retailers reduce exposure to large-scale consumer payment data breaches and expedite acceptance of EMV-enabled credit and debit cards in advance of the October 2015 liability shift for EMV-enabled payment card fraud.



First Data will now offer Verifone’s Secure Commerce Architecture (SCA) solution to its U.S. merchant clients who use Verifone equipment within an integrated point of sale (IPOS) system. SCA helps to solve the difficulties of EMV compliance by eliminating the flow of consumer payment data into the IPOS. Payment data will also now flow through First Data’s TransArmor data protection solution, enabling encrypted delivery directly to First Data from the Verifone payment terminal.
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