What is CardConnect and how does it function? CardConnect is a smart payment gateway platform designed for merchants, SMBs, and businesses of all sizes. It allows them to securely accept payments online and in person. CardConnect offers CardPointe, a comprehensive payment automation platform that simplifies payment acceptance and management. It provides an easy-to-use interface for handling credit card transactions, generating real-time information, and more. Additionally, CardConnect’s ‘Bolt’ feature enables the seamless integration of secure, card-present payment acceptance into any software environment. With a combination of EMV and tokenization, CardConnect’s cloud-based solutions streamline payment acceptance and protect transactions. It reduces the time and cost required to achieve PCI compliance. EMV technology encrypts cardholder information to prevent fraud liability when debit cards are used at a booth or point-of-sale (POS) system. By utilizing tokenization, CardConnect encrypts credit and debit card data during transit and storage, replacing sensitive information with irreversible tokens that cannot be exploited by hackers.
