Braintree, a provider of merchant account, payment gateway, recurring billing, and credit card storage services, launched an end-to-end encryption solution for merchants accepting credit card payments online (aka card-not-present or CNP).
Braintree said that the CNP End-to-End Encryption eliminates the transmission and storage of credit card data from the merchant environment, reducing the scope of PCI compliance, allowing merchants to achieve compliance.
According to the Braintree, the CNP End-to-End Encryption enables a merchant to encrypt credit card data at the moment the customer enters it, without requiring immediate transmission of the data to the payment gateway. This gives merchants the option to process payments asynchronously, avoiding many of the limitations inherent in working with an external service.