NCR today announced the inclusion of private and multi-tenant cloud capabilities for NCR Connected Payments customers in the U.S.
NCR said it has supplied payment solution to over 17,000 stores that are processing more than $120 billion in transactions per year.
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NCR Connected Payments solution, which meets the needs of the Payment Card Industry Data Security Standard (PCI DSS) and EMV (Europay, Mastercard and Visa), assists global retailers to accept alternative payments like mobile payments and eWallets applications.
The company in a statement said the solution significantly reduces the payment data footprint in the store, substantially reducing the exposure of retailers to payment data theft.
NCR Connected Payments enhances data and transmission protection — from PIN pad to payment processor using point-to-point (P2P) encryption and tokenization — to mitigate Payment card theft and fraud risks.
This apart, NCR SaaS implementation also provides advanced security monitoring and vulnerability management that meets or exceeds what is required for PCI compliance. This affords retailers more precise, constant visibility into the health of their complete payment system.