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ACI Worldwide and Dover Fueling Solutions Collaborate on Data Security Offering for Increased Fuel Pump Security
Joint point-to-point encryption (P2PE) security offering to help protect customer credit and debit card data at the pump
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software, and Dover Fueling Solutions (DFS), a leading developer of advanced customer-focused technologies, services and solutions for the fuel and convenience industries, today announced their collaboration on a point-to-point encryption (P2PE) data security offering. This will increase protection for consumers’ credit and debit cards at fueling dispensers, significantly reducing the risks of costly data breaches for these merchants.
ACI and DFS jointly serve some of the world’s largest merchants that process fueling and car wash transactions, and with the recent liability shift in the U.S., these vendors require increased security measures. Beyond EMV, this includes P2PE, which will further secure card data at a critical potential breach point during payment processing. The DFS solution leverages Wayne® RSA encryption as an acquirer, PIN Entry Device and point of sale-agnostic solution that can be implemented for fuel convenience retailers’ forecourt transactions. The solution works to secure payments on DFS hardware in a variety of set ups—whether the customer uses the card reader or a contactless TAP reader with their card or mobile wallet.
The joint solution focuses on encrypting PCI cardholder data immediately at the point of interaction, and it protects the data from the point it is entered to the point it is decrypted at the payments platform. This technology protects sensitive data from skimmers, network sniffers, malware and other threats on both internal and external networks. P2PE is foundational in securing a payments network.
“Now more than ever, it’s imperative for fuel retailers to have fully secured, simple and scalable payment solutions and P2PE is how we can best provide this support to our customers,” said Matt Tormollen, vice president and general manager of global solutions, DFS. “We’re excited to collaborate with an industry leader like ACI for connected commerce solutions that protect consumers at the pump and lessen cybersecurity risk and data breaches for our fuel and convenience retailers.”
“Merchants with fuel dispensers are looking for a solution that allows them to innovate and create unique customer journeys at the forecourt, while keeping sensitive card holder data safe via a P2PE solution,” said Debbie Guerra, head of merchant, ACI Worldwide. “Our strategic relationship and the new P2PE integration we are bringing with Dover Fueling Solutions delivers a secure, agnostic payment solution that addresses these needs along with the EMV liability shift.”
About ACI Worldwide
ACI Worldwide is a global software company that provides mission-critical real-time payment solutions to corporations. Customers use our proven, scalable and secure solutions to process and manage digital payments, enable omni-commerce payments, present and process bill payments, and manage fraud and risk. We combine our global footprint with local presence to drive the real-time digital transformation of payments and commerce.
About Dover Fueling Solutions
Dover Fueling Solutions, part of Dover Corporation, comprises the product brands of Wayne Fueling Systems, OPW Fuel Management Systems, ClearView, Tokheim, ProGauge and Fairbanks, and delivers advanced fuel dispensing equipment, electronic systems and payment, automatic tank gauging and wetstock management solutions to customers worldwide. Headquartered in Austin, TX, DFS has a significant manufacturing and technology development presence around the world, including facilities in Brazil, China, India, Italy, Poland, the United Kingdom and the United States. For more information about DFS, visit www.doverfuelingsolutions.com.
© Copyright ACI Worldwide, Inc. 2021
ACI, ACI Worldwide, the ACI logo, ACI Universal Payments, UP, the UP logo and all ACI product/solution names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties' trademarks referenced are the property of their respective owners.
© 2021 Dover Fueling Solutions. All rights reserved. DOVER, the DOVER D Design, DOVER FUELING SOLUTIONS, and Wayne are trademarks of Delaware Capital Formation, Inc./Dover Corporation, Dover Fueling Solutions UK Ltd. and their affiliated entities, registered or claimed in the United States and various other countries. EMV is a registered trademark of EMVCo, LLC.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211207005482/en/
Contacts
ACI Worldwide
Dan Ring
dan.ring@aciworldwide.com
Jocelyn Sexton
Director, Global Marketing Communications
Dover Fueling Solutions
+1 737 529 6345
jocelyn.sexton@DoverFS.com
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