Encryption Key Management: The Dos And Don’ts
Millions of terminals, hundreds of millions of cryptographic keys — and someone has to keep track of it all. Executives from GEOBRIDGE and POS Portal spoke to PYMNTS about the ways key management works across far-flung distances, with urgent deadlines, to make sure all goes as expected when cards gets swiped at the terminal.
Most consumers never give a second thought to technology that underpins payments. When a customer swipes or inserts a card at the point of sale (POS), what’s top of mind is the item for which they have paid, perhaps the payment method, and maybe how they’ll get it home. They might muse over how much money is left in the till, so to speak, after the completed transaction.
But the intricacies of what happens when a customer swipes or inserts their card may never factor into consideration. Technology, after all, is in the background when it works well.
However, pause for a minute and the intricacies of what it takes to pay — the mechanics that underpin the billions of payments across millions of terminals, far-flung across… READ MORE