ACI Worldwide has announced that Ecentric Payment Systems, South Africa’s leading payments processor, is utilizing its Point to Point Encryption (P2PE) solution. The solution will provide a more secure path for consumer transactions initiated at many of the largest retailers in Africa.
“As payment technology advances across Africa, we are seeing tremendous growth opportunities for retailers, resulting in greater choice for consumers. But this growth also presents significant challenges–from protecting cardholder data to reducing the scope and expense of PCI compliance for merchants and related service providers,” said Mike Scott, Managing Director, Ecentric. “We have a long-standing relationship with ACI and the company’s proven P2PE offerings are at the foundation of our data protection strategy.”
“Protecting cardholder data is paramount to retailers and compromises can result in devastating and immediate losses in terms of both business and trust,” said Paul Thomalla, Senior Vice President and General Manager, EMEA, ACI Worldwide. “With such high stakes, retailers and processors from around the world are realizing the importance of secure and turnkey point to point encryption and are turning to us to secure this sensitive data from the point of origin.”
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