VIDEO: Tokenization and Encryption are Key Components of Payment Security

According to the 2016 POS/Customer Engagement Survey, only 22% of retailers support EMV transactions. Why has the adoption of EMV been so slow? For payment security, many retailers have focused their attention on tokenization and encryption to help prevent payment card breaches, which can cost a retailer far more than the chargebacks as a result of not deploying EMV.

Watch this video blog post to hear Perry Kramer, Vice President and Practice Lead, Boston Retail Partners, share his thoughts on tokenization and encryption and why retailers are making this a higher priority than EMV.

Tokenization and Encryption are Key Components of Payment Security

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As always, I appreciate you thoughts on this topic. Please enter your thoughts and comments below.

David

As retail thought leaders and trusted advisors, our executives’ opinions and insights are often solicited by leading publications and associations for articles and speaking engagements.

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