Point-to-Point Encryption (P2PE) Payment Market: Clear Understanding of the Competitive Landscape and Key Product Segments
Due to emergence of new payment technologies, chances of new security threats such as data breaches in the form of ransomware attacks and hacking are increasing. In order to overcome these issues, enterprises are continually looking for a payment landscape that constantly evolves. Point-to-point encryption (P2PE) is a security standard established by the PCI Security Standards Council to provide a payment security solution. Point-to-point encryption immediately converts the payment card (credit or debit card) information into an illegible code. When...
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