SILVER SPRING, Md. April 23, 2012
The comprehensive solution incorporates the Merchant Link Payment Gateway™, TransactionVault™ tokenization and TransactionShield® point-to-point encryption technology. The Merchant Link Payment Gateway provides connectivity to all major processors and sends payments quickly, while detecting and correcting errors along the way. TransactionVault removes guest credit card data from hoteliers’ systems and stores it in a secure, hosted "vault" – away from the business and safe from hackers. TransactionShield encrypts data at the point of interaction and protects it as it travels through the hotel’s IT environment. Decryption occurs within Merchant Link’s cloud-based payment gateway, reducing the risk of comprise.
Installations are already underway and adoption across the entire chain is expected to be complete over the next 12 months.
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