First Data Introduces the TransArmor Security Solution

First Data today announced the public availability of the First Data TransArmorSM solution. TransArmor protects payment card data from the moment it enters the merchant environment by replacing the card data with a token number that preserves the value of card data for merchant business operations but removes all value for fraudsters. As a result, "merchants are able to significantly reduce the scope, risk and costs associated with Payment Card Industry (PCI) compliance without requiring new hardware or extensive changes to existing business processes."