Secure Retail, a specialist provider of payments hardware, has received an Attestation of Validation (AoV) for its Point to Point Encryption (P2PE) solution, industry recognition that the company is one of the companies at the forefront of ongoing PCI compliance for its range of clients.
Vital for any business involved in the supply of a P2PE solution, the AoV provides a recognised level of assurance that Secure Retail's solution environment and procedures for VeriFone terminals are compliant with all the relevant parts of the P2PE standard.
Secure Retail engaged the services of Foregenix, a Payment Card Industry Point to Point Encryption Qualified Security Assessor to conduct an assessment of its P2PE solution. Activities included rigorous technical testing, interviews with staff, as well as reviews of documentation and processes.
Thanks to Secure Retail's industry knowledge and processes, the company can begin the chain of custody of PIN Entry Devices (PED) for their life cycle. Secure Retail can now load P2PE keys into devices within its protected Key Injection Facility, configure and customise the devices to the required specification and ship them securely in a P2PE compliant manner to the customer, whilst maintaining a fully auditable trail of all terminal movements throughout the configuration and shipping processes.
Gary Fletcher, Head of Technical Services, at Secure Retail, said: "We are delighted to have been awarded the Attestation of Validation (AoV) for our P2PE solution which is industry recognition that Secure Retail is at the vanguard of PCI compliance."
Fletcher continued: "This is important for our customers as they are always looking to improve the integrity of their card payment solutions. The AoV enables us to work with P2PE solution providers to help them release their solutions on the VeriFone platform into the marketplace, something that no other company (beyond VeriFone themselves) can do."
Benjamin Hosack - Director, at Foregenix, said: "We have been consistently impressed with Secure Retail's ability to utilise the PCI standard and ensure that their customers and clients remain compliant.
"This is a step forward for the industry as many Payment Service Providers are working on their P2PE offering meaning Secure Retail is a very attractive proposition for payments partners who can be reassured that the company will be with them every step of the way in the drive to make payments more secure."