Pioneer Electronics North America wanted to ensure their customer data was constantly protected, but they ran into hurdles while trying to operate within PCI regulations. They needed a PCI compliant electronic payment acceptance solution to seamlessly integrate with their ERP system. Pioneer turned to their longtime partner, Paymetric. Pioneer’s security plan at the time included encrypting data. Under PCI compliance regulations, any organization that uses encryption has to change their decryption keys once a year. This means decrypting all cards and encrypting them with a new key, exposing raw credit card data to their environment. To compound the situation, Pioneer didn’t want the requisite ERP downtime involved in rotating encryption keys, putting them at risk for non-compliance. With Paymetric’s tokenization solution, no key rotations are required, and Pioneer systems are removed from PCI scope. Pioneer was able to eliminate the cost and time needed to rotate encryption keys in multiple systems without any ERP downtime. Kevin Erlandson, Director of Applications, said, “Paymetric helped us reduce the cost of PCI compliance while improving security.” Paymetric provided Pioneer with a more affordable and secure tokenization solution, XiSecure. With XiSecure, sensitive cardholder data is never stored in the enterprise payment acceptance system– enabling companies and customers to eliminate data exposure in the event of a breach, while dramatically reducing the cost and effort to achieve PCI compliance. Why Paymetric § Unmatched ERP and payment integration expertise § Best-in-class tokenization solution § Superior customer service Benefits § Eliminated time necessary to rotate encryption keys for multiple systems § Mitigated risk of a potential data security breach § No risk of falling out of compli- ance with PCI DSS Paymetric Solutions § XiPay®:Integrated enterprise payment acceptance § XiSecure®: Proprietary tokenization § XiReceivables®: Automates clearing of invoices in ERP system PIONEER ELECTRONICS How Paymetric helped Pioneer Electronics maximize security, minimize risk and reduce ERP downtime to maintain compliance Location: Long Beach, CA Industry: Consumer Packaged Goods/Manufacturing Products and Services: Electronics Client Success Story Boosting Success