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Thales helps Swiftch secure first Visa Ready and MasterCard self-certified mPOS solution in the Middle EastDUBAI, United Arab Emirates, May 31, 2016 /PRNewswire/ -- Thales, leader in critical information systems and cybersecurity, announces that its payShield 9000 hardware security modules (HSMs) are being used by Swiftch, an innovative payment technology company, to help secure the first Visa Ready and MasterCard self-certified mobile card payment acceptance solution for merchants and acquirers throughout the United Arab Emirates (UAE). UAE is highly developed in terms of IT infrastructure, internet and smartphone usage, and yet cash is still the predominant payment method. With Dubai being the host country for Expo 2020, the UAE government is driving an initiative aimed at achieving a cashless society by the time of the world fair. Using Thales hardware security modules (HSMs) to support end-to-end encryption of the payment data, Swiftch developed a highly secure mobile point of sale (mPOS) solution that allows merchants of all sizes to accept payments using just a standard smartphone or tablet and a low cost mobile card reader. Thales HSMs are a critical component in securing Swiftch's mPOS solution. Designed specifically for the payment industry, payShield 9000 HSMs secure devices running card issuing and payment processing applications. The Swiftch application integrates payShield HSMs with mobile card readers from Miura to enable a point to point encryption (P2PE) zone to be established between the card acceptance point and the internet-based payment gateway. Aditya Anand, Chief Executive Officer at Swiftch says: Peter Galvin, Vice President Strategy, Thales e-Security, says: Read the case study here https://www.thales-esecurity.com/knowledge-base/case-studies/swiftch For industry insight and views on the latest key management trends check out our blog www.thales-esecurity.com/blogs Follow Thales e-Security on Twitter @Thalesesecurity, LinkedIn, Facebook and YouTube About Swiftch Swiftch commenced operations in 2012 and developed Swiftch – a fully PCI DSS certified mPOS Solution integrated with a EMV Level 1 and Level 2 and PTS Certified Card Reader. Swiftch is also the first and only Visa Ready and MasterCard self-certified mPOS Solution in the Middle East. About Thales e-Security About Thales Positioned as a value-added systems integrator, equipment supplier and service provider, Thales is one of Europe's leading players in the security market. The Group's security teams work with government agencies, local authorities and enterprise customers to develop and deploy integrated, resilient solutions to protect citizens, sensitive data and critical infrastructure. Drawing on its strong cryptographic capabilities, Thales is a global leader in data protection and one of the world leaders in cybersecurity products and solutions for defence, critical infrastructure and telecommunication operators, industrial and financial companies. Covering the entire cybersecurity chain, Thales offers a comprehensive range of services and solutions that includes: cybersecurity consulting and testing, cyber-secured software centric system design / development / integration and certification, provision and through-life management of data protection products and services, secured IT outsourcing and cloud computing solutions, as well as managed security services based on our network of Security Operation Centers in France, the United Kingdom and the Netherlands. Logo - http://photos.prnewswire.com/prnh/20150929/271846LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/thales-helps-swiftch-secure-first-visa-ready-and-mastercard-self-certified-mpos-solution-in-the-middle-east-300276956.html SOURCE Thales |