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ProPay Launches ProtectPay Processing System

Thursday, February 19, 2009 5:12:00 AM PDT | VentureDeal Staff

Orem, Utah  --  Merchant payment system company ProPay announced the commercial launch of a new fully encrypted payment card processing service.

Called ProtectPay, the new system enables merchants to enjoy a complete end to end secure option for processing credit card payments in real time, while meeting the Level One Payment Card industry requirements.

“With data breaches becoming increasingly commonplace, the security and protection provided by ProtectPay is essential,” said Greg Pesci, ProPay Executive Vice President of Business Strategy. “We applaud Visa’s efforts to educate merchants and service providers through ongoing training and the ‘Drop the Data’ campaign. We believe ProtectPay is directly aligned with this initiative, given that it enables merchants to never see or touch their customers’ sensitive data—even for refunds or repeat billing.”

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