PayPlum, LLC, announced that it has added Chase Paymentech, a subsidiary of JPMorgan Chase, payment processor certification to its PayPlum Enterprise PCI software suite. PayPlum now supports Chase Paymentech’s full product capabilities including tokenization, customer profile management, level II and level III transaction processing features.
Greg McGraw, CEO and co-founder at PayPlum commented: “This certification to Chase Paymentech enables larger enterprise companies to deliver true ‘end-to-end cardholder data protection’ at a fraction of the risk and cost of self-compliance. PayPlum’s patent pending data capture and transport technology works in tandem with leading payment processor integration. PayPlum Enterprise PCI isolates and segments cardholder acceptance at the point of entry without interrupting the session continuity or customer experience.”
PayPlum Enterprise PCI software is available for deployment in two different environments. Merchants can host PayPlum client software in their own, secure data center within a smaller footprint, limiting personnel access, and vastly reducing PCI scope or merchants can have it installed in a ‘ready-to-deploy’ private PCI compliant cloud environment powered byLayered Technology, Inc. In either deployment, complete UI control and site integrity remains with the enterprise merchant while still reducing risk and achieving cost savings up to 80% over self-compliance.
Just under three quarters (71%) of European banks and retailers are planning to boost their spending on payment tech within the next two years amid mounting pressure in the market and demand for faster, more secure payments tech from customers.
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