What is Paymetric?

Paymetric, now a part of FIS, provides payment security and data protection solutions, primarily focused on helping businesses secure sensitive payment information and reduce the risk of data breaches. Their solutions typically include tokenization, encryption, and compliance management for payment card industry (PCI) standards. They are commonly used by organizations to protect credit card data during payment processing, both online and in physical locations, thereby minimizing the scope of PCI compliance and reducing fraud risks.