Cryptocurrency Q&A
What is point to point payment?
What is point to point payment?
alexander_watson_astronaut
Fri Nov 15 2024
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5
answers
1174
I'm interested in learning about point to point payment. Could someone explain what it is and how it works in simple terms? I want to understand its basic concept and usage in the financial world.
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5 answers
Chloe_thompson_artist
Sat Nov 16 2024
P2PE stands for Point-to-Point Encryption, a security measure designed to protect cardholder data during transactions.
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Riccardo
Sat Nov 16 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that prioritize security. These include spot trading, futures trading, and a secure wallet.
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Claudio
Sat Nov 16 2024
The primary objective of P2PE is to ensure that no actual cardholder information is revealed at any stage of the transaction process.
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Tommaso
Sat Nov 16 2024
This is achieved by encrypting the data within the card reader or payment device itself, rendering it unreadable and ineffective if intercepted by a skimming attack.
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BusanBeautyBloomingStar
Sat Nov 16 2024
By encrypting the data at the point of entry, P2PE minimizes the risk of sensitive information being compromised and falling into the wrong hands.
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