Desjardins and METRO INC. announce the rollout of the new end-to-end encryption
June 15, 2011
METRO INC. is the first retailer in Canada to adopt the new end-toend encryption solution launched by Desjardins. This solution, designed in partnership with point-of-sale terminal manufacturer Ingenico, eliminates exposure of credit card numbers in the retailer’s payment process. The solution is designed to encrypt and protect card data as the card is read on the merchant terminal, reducing the risk of fraud and fraud-related costs while complying with the strictest standards of Payment Card Industry-Data Security Standard (PCIDSS). End-to-end encryption also facilitates the PCI-DSS accreditation process for retailers by decreasing investment in time, money and resources.
"We are thrilled to be able to count on Desjardins, a first-rate business partner, to help us ensure the security of transactions in our stores. We are also proud to be the first retailer in Canada to adopt this new technology. End-to-end encryption will allow consumers to remain confident paying by credit card thanks to this additional security," says Jacques Couture, Vice- President, Information Systems of METRO INC.
Patrice Dagenais, Vice-President, Payment Services and Business Partnerships at Desjardins Card Services, is equally pleased with this development. “It was very important for us to implement the new solution at a major Quebec retailer. Our partnership with METRO INC., a leader in the food and pharmaceutical sectors in Quebec and Ontario, reflects the cooperative and innovative values and history of Desjardins Group.”
By launching this unique solution together, Desjardins and METRO INC. are at the forefront of credit card transaction security and have demonstrated their commitment to continuously innovating to meet the needs of their consumers. Desjardins intends to implement this solution at retailers across Canada in the near future.
About Desjardins Group
Awarded the coveted title “Bank of the Year 2010 – Canada” by the UK magazine The Banker, Desjardins Group is the leading cooperative financial group in Canada and the sixth largest in the world, with assets of over $184 billion. Drawing on the strength of its caisse network in Québec and Ontario, and its subsidiaries across Canada, it offers a full range of financial products and services to its 5.8 million members and clients. Desjardins specializes in Wealth Management and Life and Health Insurance, in Property and Casualty Insurance, in Personal Services, in Business and Institutional Services. As one of the largest employers in the country and one of Canada’s 10 Most Admired Corporate CulturesTM of 2010, Desjardins is supported by the skills of its 42,200 employees and the commitment of nearly 6,000 elected officers. For more information, please visit www.desjardins.com.
About METRO INC.
With annual sales of over $11 billion and over 65,000 employees, Metro Inc. is a leader in the food and pharmaceutical sectors in Québec and Ontario, where it operates a network of close to 600 food stores under several banners including Metro, Metro Plus, Super C and Food Basics, as well as over 250 drugstores under the Brunet, Brunet Plus, Clini Plus, The Pharmacy and Drug Basics banners. For more information, please visit www.metro.ca.