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One of the hottest topics in electronic payments is cardholder data security.  As a business, it is your responsibility to ensure your customer's data is kept secure at every step in the transaction.  This not only includes the card number and expiration date, but the actual data that is stored on the magnetic strip of the credit card.

At Moneris, we recently rolled out a product called Vault, which is a new component of our payment gateway eSELECTplus.  Primarily built for businesses that process recurring bill payments, Vault securely stores all credit card data on our secure servers so you don’t have to.  Vault works using a token based system, so after the first transaction and customer record is set up, the card information does not need to be re-entered.  It is stored securely, and referred to by the token whenever a transaction is processed, all within our secure, PCI compliant servers.

By taking the burden of the business regarding cardholder data security, you can concentrate on what is important to you…running your business.

Take a look at Vault, and call us at 866-423-8475 to find out more!