For the wheels of commerce to run smoothly, the act of paying for a product or service with a credit or debit card must remain easy, efficient and safe. Payment processing is both highly regulated and constantly changing. Today, each purchase launches a complex, automated and highly integrated process involving not just merchants but also banks, acquirers, payment processors and potentially a host of other players. Not so long ago, this community was a relatively small club of organisations operating a largely isolated network, but increasingly that is no longer the case. A host of changes – technologies such as smartphones and digital wallets, shifts in buying habits, demands by individuals to accept card payments and growing interest in peer-to-peer payments – have created a fierce battle within the industry, as organisations fight to maintain their position or disrupt the status quo. No longer a set of isolated payment processes, today’s entire payments ecosystem is just a component of the broader commercial landscape – playing an integral role in fraud management and data privacy as part of a comprehensive IT security framework that must span the Internet, mobile devices, social networks and cloud services.
Thales hardware security modules (HSMs) and related products have been specially designed to meet and exceed industry standards and regulatory requirements for payment processing security – and to keep your systems and internal processes flexible and scalable. Backed by Thales’ extensive expertise and leadership in the payment processing market and enriched by our long-standing partnerships with leading payments processing vendors, these proven products and services will reduce your risk, trim your costs and help future-proof your payments infrastructure.