Benefits of First Data for EMV Flashcards
First Data deploys a ____ prong approach.
3
Tokenization
Makes data impossible to steal at rest. Card data is replaced token encryption data that is useless to criminals that steal it.
Encryption
Protects the card holder data in motion. Data is transferred with strong encryption technology from the swipe to the secured processor.
EMV
Protect against card counterfeiting and EMV terminals close that loop for fraud.
Leaving only one of these three points open still leaves…..
you vulnerabilities.
Addressing all three security areas….
Let’s close the loop on fraud.
First Data both produces what for EMV?
MV cards and EMV terminals. First Data has over 3 years of experience processing EMV transactions for large retailers.
First Data has issued over __________ EMV cards and processes over __________ EMV transactions per month.
10 million , 1 million transaction p month
First Data is
EMV ready today.
We use a unique combination of EMV
terminals combined with encryption and tokenization.
$100 American Express Gift Card
Simply upgrade to EMV device and accept American Express.