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Payment Cryptography On AWS: A New Service For Payment Processing Applications by martinhopper: 1:45pm On Jun 22, 2023 |
Businesses can use a wide range of payment processing provided by AWS (Amazon Web Services) to accomplish their distinct payment processing demands. These services consist of Amazon Simple Pay, which enables companies to accept single-time payments or set up recurring payments for subscriptions, Amazon Pay, a service that enables consumers to utilize the account they have with Amazon information for making purchases with third-party websites, Amazon FPS (Flexible Payments Service), which is an adjustable platform that offers to process of payments, subscription administration, and other amenities, as well as Amazon Simple Pay. Businesses may simplify their payment procedures, enhance client satisfaction, and gain access to AWS's solid architecture and security elements by using AWS Payments. During the reinforce conference, AWS unveiled Payment Cryptography, an innovative service designed to handle payment cryptography operations. This elastic solution simplifies key management for applications involved in payment processing, assisting customers in achieving compliance with PCI security standards. As per AWS, the recently introduced service assists payment facilitators, processors, and banks in reducing their reliance on external data centers or colocation facilities for dedicated HSMs. Payment Cryptography joins AWS' existing product lineup for cryptographic operations, including Key Management Service (KMS) for encryption key management and AWS CloudHSM for single-tenant HSMs, which necessitate cluster management by customers. If you want to make your crypto payment more persistent you can get assistance from firms that will aid you with an exact AWS payment processing methodology. |
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