ProtectPay Adds New Access Option - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Mobile // Mobile Applications
Commentary
8/19/2010
01:31 AM
Jake Widman
Jake Widman
Commentary
50%
50%

ProtectPay Adds New Access Option

Credit card processor ProPay has introduced a new way for merchants to work with its ProtectPay secure data repository.

Credit card processor ProPay has introduced a new way for merchants to work with its ProtectPay secure data repository.ProPay provides businesses with the ability to accept credit cards and process them over the Internet or, with some accounts, the phone. The service is particularly suited to SMBs because it doesn't require any particular equipment up front and, the company says, the rates are fixed and predictable. ProPay plans range from $49.95/year for a Basic account that enables businesses to accept Visa and MasterCard and carries a monthly limit; up to $299.95/year for a Platinum account that adds Discover and American Express, charges lower per-transaction fees, and carries a higher, negotiable monthly limit.

ProtectPay, for its part, is an extension to the PropPay service. For an additional $19.95/year, it offers secure storage of customers' credit card data. The data is transmitted to ProtectPay and never resides on the merchant's system; ProtectPay assumes the Payment Card Industry Data Security Standard (PCI DSS) compliance obligations. All the merchant receives is a algorithm-generated "token" identifying the customer's card--the token can be used for later purchases without re-entering or retrieving the actual credit card number.

Merchants can enter data into ProtectPay in a several different ways, a secure card reader being the most common. The service has recently added the Online Virtual Terminal, to give merchants the ability to transmit data to ProtectPay via any computers over the Internet. Current ProPay customers can log into their accounts to sign up for ProtectPay and the OVT.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Commentary
CIOs Face Decisions on Remote Work for Post-Pandemic Future
Joao-Pierre S. Ruth, Senior Writer,  2/19/2021
Slideshows
11 Ways DevOps Is Evolving
Lisa Morgan, Freelance Writer,  2/18/2021
News
CRM Trends 2021: How the Pandemic Altered Customer Behavior Forever
Jessica Davis, Senior Editor, Enterprise Apps,  2/18/2021
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you.
Slideshows
Flash Poll