Bluefin Partners with Visa to Enhance Global Payment Security

Bluefin and Visa Collaboration on Payment Security

Bluefin has announced an exciting collaboration with Visa, aimed at enhancing payment security across the globe. This partnership highlights Bluefin's commitment to providing industry-leading payment security solutions, specifically PCI-validated Point-to-Point Encryption (P2PE) services that are essential for protecting sensitive payment information in today's digital landscape.

Integration with Visa Platform Connect

Through this integration, Bluefin connects its international payment gateway to Visa Platform Connect. This integration is a significant milestone for Bluefin and its clients, as it offers a streamlined solution for facilitating secure transactions on various platforms. The initial focus of the solution showcases PCI-validated P2PE processing on Android devices, allowing retailers to connect with a wide network of 220 acquirers internationally.

Advantages of the New Payment Solution

The new system is designed to simplify payment processing for retailers by providing a single, secure connection. This encompasses multi-currency payment processing and supports interactions with Visa as well as other major card networks. Moreover, Bluefin plans to enhance the reliability of its payment solutions by incorporating the Cybersource Decision Manager platform, which will be essential in helping retailers mitigate fraud risk while optimizing order acceptance.

Expert Insights from Bluefin

Tim Barnett, the Chief Information Officer at Bluefin, expressed enthusiasm about this partnership. He stated, “Bluefin is thrilled to be working with Visa Acceptance Solutions to deliver a true international multi-acquiring P2PE solution for retailers that removes the cost and complexity of building and managing separate integrations. Our aim is to empower our customers with robust tools that ease their transaction processes.”

Enhancing Retail Operations

The integration aims to enhance retail operations by streamlining processes and reducing complexities associated with multi-acquiring solutions. With the enhanced security measures, businesses can confidently focus on growth without the concerns tied to payment processing.

Visa’s Commitment to Innovation

Andre Machicao, Senior Vice President at Visa Acceptance Solutions, emphasized their dedication to advancing payment security on a global scale. The collaboration with Bluefin represents a shared vision of enhancing trust in the payments ecosystem. “Together, we are helping merchants reduce complexity, enhance customer trust, and grow their businesses with confidence,” Machicao stated.

About Bluefin

As a leader in integrated payments, Bluefin specializes in encryption and tokenization technologies that protect sensitive data and payments. The company offers a wide range of products across various payment methods including contactless payments, call center transactions, mobile payments, E-commerce, and unattended payments. Bluefin's strong global presence, with partnerships extending to 35,000 enterprise and software clients in 60 countries, showcases their extensive reach and effectiveness in the payment processing industry. Additionally, Bluefin is a Participating Organization of the PCI Security Standards Council, ensuring adherence to the highest security standards.

Frequently Asked Questions

What is the significance of the Bluefin and Visa partnership?

The partnership enhances global payment security through PCI-validated P2PE encryption, simplifying processes for retailers.

How does the Visa Platform Connect support Bluefin's system?

The Visa Platform Connect enables a secure and efficient connection for payment processing across various currencies.

What advantages does Bluefin offer to retailers?

Bluefin provides advanced security solutions, fraud management tools, and a user-friendly integration experience.

What industries does Bluefin service?

Bluefin serves various industries, including healthcare, higher education, government, and nonprofit sectors.

Why is payment security important for retailers?

Payment security protects sensitive customer data, helping retailers maintain customer trust and reduce fraud risk.

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