Payments Glossary  /  Processing & Technology
Payments glossary

Encryption

Scrambling card data so it can't be read in transit or storage without the key. Point-to-point encryption (P2PE) protects data from the moment a card is read at the terminal.


Why it matters for your business

Terms like Encryption aren't just jargon — they sit behind what you actually pay to accept payments. Understanding them is the difference between reading your statement and being at the mercy of it. If you're not sure how this shows up in your own costs, the fastest way to find out is to have someone read your statement line by line.

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