Payment Security Solutions
Payment security is a set of security solutions that enable secured transaction between a merchant and its customer through one of the digital payment modes, such as web, mobile, and Point of Sale (POS) machine. Various solutions that are offered by payment security vendors include encryption, tokenization, and fraud detection and prevention. Adoption of these solutions enable least burden of Payment Card Industry Data Security Standard (PCI DSS) compliance on the merchants.
The competitive landscape analyzes the growth strategies adopted by various key players in the payment security market. Bluefin Payment Systems (Georgia, US), Braintree (Illinois, US), CyberSource Corporation (California, US), Elavon (Georgia, US), Index (Nevada, US), Ingenico ePayments (Hoofddrop, the Netherlands), Intelligent Payments (Gibraltar), GEOBRIDGE Corporation (Virginia, US), Shift4 Corporation (Nevada, US), SISA Information Security (California, US), Signifyd Inc. (California, US), TNS Inc. (Virginia, US), and TokenEx, LLC (Oklahoma, US) are recognized as some of the top players in the payment security market. This chapter also includes the competitive leadership mapping matrix that provides information about the 25 major players that offer payment security solutions. The vendor evaluations are based on 2 broad categories: product offerings and business strategies. Each category carries various criteria based on which the vendors have been evaluated. The evaluation criteria considered under product offering include breadth of offering, feature, delivery, scalability, and support. The evaluation criteria considered under business strategy include reach (geographic presence), industry coverage, channel network, viability, and organic and inorganic growth. The products offered by these top players are loaded with many features and capabilities. Additionally, these players have adopted various business strategies to maintain a leading position in the payment security market.
Vendors who fall in this category generally receive high scores for most of the evaluation criteria. They have strong and established product portfolios and a very strong market presence. They provide mature and reputable payment security solutions. They also have strong business strategies.
Innovators in the competitive leadership mapping matrix are vendors that have demonstrated substantial product innovations as compared to their competitors. They have a very focused product portfolio. However, they do not have very strong growth strategies for their overall business.
They are established vendors with very strong business strategies. However, they are low in product portfolio. They generally focus on a specific type of technology related to the product.
They are vendors with niche product offerings and are starting to gain their position in the market. They do not have very strong business strategies as compared to other established vendors. They might be new entrants in the market and require some more time before getting significant traction in the market.
Payment Security Solutions Quadrant
Find the best Payment Security Solutions solution for your business, using ratings and reviews from buyers, analysts, vendors and industry experts
EVALUATION CRITERIA
Below criteria are most commonly used for comparing Payment Security Solutions tools.- Breadth and Depth of Product Offerings
- Products/Solutions Offered
- Encryption
- Fraud Detection and Prevention
- Tokenization
- Other innovative product
- Product Features and Functionality
- Product Features
- Payment through POS
- Payment through Desktop (Web)
- Payment through Mobile (Web)
- Payment through Mobile Wallet
- Payment through call-centre
- Currencies Supported
- Delivery
- Channel of Delivery
- Directly
- Through Partners / Third-Party Vendors
- Scalability
- Certificate
- Level 1 PCI Compliant
- Support and Services
- Services
- Support Services
- Integration Services
TOP VENDORS
- Enterprise
- Atlanta, Georgia, United States of America
- Founded: 2008
- 20,001 to 25,000
- Enterprise
- 501 to 1,000
- #
Bluefin Payment Systems’ payment security portfolio includes PayConex Payment Platform and Decryptx P2PE.
- Startup
- 51 to 100
- #
Braintree offers 4 distinct payment security products, namely, Braintree Direct, Braintree Marketplace, Braintree Auth, and Contextual Commerce.
- Enterprise
- Chicago, IIIinois, US
- Founded: 2007
- 101 to 500
- Enterprise
- New York, New York, United States
- Founded: 1976
- $1BN to $5BN
- 10,001 to 15,000
- Enterprise
- 501 to 1,000
- #
CyberSource offers 2 solutions, namely, CyberSource Secure Acceptance Web/Mobile and CyberSource Payment Tokenization. The company’s payment processing solutions offer complete flexibility in terms of integration with other merchant systems and CyberSource products.
Read More- Enterprise
- San Francisco, California, US
- Founded: 1994
- $10BN to $50BN
- 10,001 to 15,000
- #
Elavon offers Safe-T, a complete solution that securely processes customer payments made via EMV-enabled chip cards.
- SME
- Atlanta, Georgia, US
- Founded: 1991
- $101MN to $500MN
- 1,001 to 5,000
- Startup
- 501 to 1,000
- #
GEOBRIDGE Corporation offers payment security solutions for all the key stakeholders, such as merchants, processors, acquirers, and third-party service providers, in the payment security market. It provides a wide range of hardware and software solutions that protect organization cardholder data.
Read More- Startup
- Ashburn, Virginia, US
- Founded: 1997
- Below $10 MN
- 51 to 100
- Enterprise
- 501 to 1,000
- #
Index has developed the fastest EMV, which accepts payment data within seconds, unlike traditional EMV cards that have an acceptance time of about 10 seconds. The EMV chip is developed based on the specifications of Visa, MasterCard, Amex, and Discover.
Read More- Enterprise
- 501 to 1,000
- #
Ingenico ePayments offers a single platform for secure payment processing via online, mobile, phone, and email.
- Enterprise
- 5,001 to 10,000
- #
Intelligent Payments offers 3 major payment security services, namely, mobile payment, fraud management, and intelligent data.
- Enterprise
- Irish, Gibraltar
- Founded: 2008
- Enterprise
- 501 to 1,000
- Enterprise
- 501 to 1,000
- Enterprise
- 501 to 1,000
- Enterprise
- 501 to 1,000
- #
DOLLARS ON THE NET, Shift4 Corporation’s payment security solution, includes Gateway+, 4tify, P2PE, It's Your Card (IYC), VT4, veri4, fraud sentry, and 100% neutrality. Gateway+ is a SaaS model that allows connectivity with almost all the major processors and banks in North America.
Read More- Enterprise
- 501 to 1,000
- #
Signifyd’s fraud protection solution can be integrated with some of the popular eCommerce platforms, such as Shopify, Magento, BigCommerce, and Demandware.
- Startup
- Founded: 2011
- Below $10 MN
- 51 to 100
- #
SISA has three broad offerings - services, trainings, and products. It includes compliance services for PCI DSS, PA DSS, P2PE, PFI, PCI ASV, PCI PIN Security, and Facilitated SAQ; technical security services for VAPT, payment forensics, secure code review, mobile payment application security testing; and advisory services for ATM/PIN security, PCI risk assessment, and cloud security.
Read More- Enterprise
- Bangalore, Kartaka, India
- Founded: 2002
- Enterprise
- 501 to 1,000
- Enterprise
- 501 to 1,000
- #
TNS offers Managed POS Encryption (MPE) and tokenization solutions that help merchants reduce the risks of card-related breaches while complying with the PCI DSS.
- SME
- Reston, Virginia, US
- Founded: 1990
- $101MN to $500MN
- 1,001 to 5,000
- #
The company provides TokenEx, a robust tokenization platform that replaces sensitive data with unique tokens and prevents them from getting transmitted through vulnerable networks.
- Startup
- Tulsa, Oklahoma, US
- Founded: 2010
- Below $10 MN
- 51 to 100