TableSafe, Inc., a leading innovator of pay-at-the-table technology designed for the hospitality industry, today announced PCI P2PE validation. The addition of PCI P2PE validation makes TableSafe among the first pay-at-the-table solution providers to offer restaurants and hotels a single solution with validated point-to-point encryption.
The P2PE validation program reduces the scope of PCI DSS requirement for compliance by offering merchants an effective option for removing select network assets and tests. The result is a reduction from over 300 security questions to under 30, as assessed on the Self-Assessment Questionnaire P2PE (SAQ-P2PE).
A validated P2PE solution can allow merchants to reduce the recurring annual PCI DSS compliance costs by as much as 65% or more. In addition, P2PE validation will save IT management many hours of time meeting DSS compliance.
“PCI P2PE validation will allow TableSafe customers to save time and money on their overall compliance efforts, while reinforcing the security of guest data,” said Gordon Gardiner, CEO of TableSafe.
The Strawhecker Group (TSG) and the Electronic Transactions Association (ETA) surveyed over 500 U.S. SMBs in April to understand how the COVID-19 pandemic is currently impacting SMB operations and payments acceptance, and how the market compares to April 2020.
Download the full 35-page report. The report helps the payments industry understand how to best support the SMB community as they continue to manage the pandemic, while moving towards a goal of greater recovery.
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