Bluefin and Paydunk Unveil Mobile Security and Integrated E-Commerce Payment Solution
Bluefin Payment Systems, a global provider of secure payment technologies for enterprises, financial institutions, SMBs, and independent software vendors (ISVs), has teamed up with Paydunk to offer an all-in-one mobile security and integrated e-commerce payment solution.
Under the partnership, Paydunk will offer integrated payment processing to customers through Bluefin’s PayConex payment gateway. PayConex powers secure payment technology through an innovative security stack, featuring a PCI-validated solution for point-to-point encryption (P2PE), tokenization, and transparent redirect.
By leveraging both Bluefin’s secure e-commerce payment processing and Paydunk’s encryption and decryption security features for online transactions, the new solution will provide a highly secure process that will help reduce PCI-DSS compliance scope.
“Studies show that mobile payment cart abandonment can be as high as 98% as a result of browsing capability issues, security concerns, accessibility and clunky payment methods,” said Julie Counterman, Chief of Integrated Payments at Bluefin. “Paydunk has created a mobile app that alleviates these issues – with security and simplicity at the forefront.”
Paydunk has made a name in the mobile payment space by pioneering a mobile app that brings the simplicity of POS transactions to mobile checkout. The app enables online payment at the checkout through the Paydunk button; customers just have to enter the PIN and confirm the transaction.