Bluefin Partners with Dover Fueling to Enhance Payment Security
Enhancing Payment Security in the Petroleum Industry
Bluefin is making waves in the payment processing world as they announce a key partnership with Dover Fueling Solutions (DFS). As experts in encryption and tokenization technologies, Bluefin has dedicated itself to safeguarding payments and sensitive data in various sectors. Their collaboration aims to introduce PCI-validated P2PE (Point-to-Point Encryption) solutions specifically tailored for the North American petroleum forecourt.
What is PCI-Validated P2PE?
In an ever-evolving landscape of digital transactions, ensuring payment security is paramount. PCI-validated P2PE provides a robust framework designed to encrypt cardholder data right from the moment it's captured at the payment terminal. This means that sensitive information is protected throughout the entire transaction process, significantly minimizing risk and potential breaches. What’s more, transitioning to P2PE can reduce the compliance burden related to PCI DSS by upwards of 70% and greatly limit PCI control scope at the point of sale.
Impact on the Petroleum Forecourt
Through this partnership, Bluefin will serve as the P2PE solution provider for DFS, seamlessly integrating its cutting-edge solutions into the existing IX Pay® platforms used across both the U.S. and Canada. This integration means that all transactions conducted at the fueling stations will benefit from heightened security, contributing to improved customer confidence and satisfaction.
Voices from the Leaders
Speaking about this collaboration, Scott Negley, Senior Director of Product Management at Dover Fueling Solutions, emphasized the importance of delivering secure payment technologies to their customers. He stated, “At DFS, we focus on delivering secure and frictionless self-service payment technology to our fueling and convenience retail customers.” This statement underlines the importance that both companies place on stability and trust within payment transactions.
Additional Security Measures
Sean P. Gately, VP of Security Solutions at DFS, highlighted the critical role that enhanced payment security plays in today’s market. “The DFS team understands that delivering the highest level of payment security to the forecourt is vital to customer protection,” he explained. “The added security and scope reduction benefits of PCI-validated point-to-point encryption gives them a significant customer protection and satisfaction advantage.”
About Bluefin
Bluefin has cemented its position as a pioneer in the integrated payments arena, distinguishing itself with advanced encryption and tokenization technologies. The company offers a diverse range of payment solutions, including options for contactless payments, mobile transactions, and eCommerce. With a strong network of around 300 global partners and a vast array of clients from various sectors, Bluefin is committed to elevating payment security standards across the globe.
About Dover Fueling Solutions
Dover Fueling Solutions® (DFS) stands out as a leading provider of energy dispensing equipment and automated systems for the fueling and convenience retail sectors. Part of the larger Dover Corporation entity, DFS comprises several globally recognized brands. Their goal is to provide a comprehensive suite of solutions for various fuel types, ensuring that customers can access both conventional and clean energy products seamlessly.
Frequently Asked Questions
What does the partnership between Bluefin and DFS involve?
The partnership focuses on delivering PCI-validated P2PE solutions to enhance payment security at petroleum forecourts in North America.
How does PCI-validated P2PE work?
PPCI-validated P2PE encrypts cardholder data at the point of entry, ensuring that sensitive information is secured throughout the transaction process.
What are the compliance benefits of using P2PE?
Utilizing P2PE can reduce the PCI DSS compliance burden by more than 70% and cut down control scope at the point of sale by over 90%.
What is Bluefin's primary focus?
Bluefin specializes in encryption and tokenization technologies that protect payments and sensitive data across various industries.
How does DFS contribute to the fueling industry?
DFS provides a wide range of energy dispensing solutions, from point-of-sale systems to advanced automation tools, catering to fueling and convenience retail customers globally.
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