SAY NO to PassKey Encryption – It’s Not What You Think

SAY NO to PassKey Encryption

**Urgent Notice: CRITICAL UPDATE**

Please Read – Very Important Information!

Starting August 26th, 2024, Fiserv will urge merchants to implement PassKey encryption, in order to access their merchant processing statements claiming it enhances security. However, before you opt-in, be aware that this encryption will lock everyone except you out of your account. 

(Fiserv aka ClientLine is where you pull your merchant processing statements.)

PassKey encryption is designed for highly classified financial documents owned by a single individual and is not intended for business accounts.

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If that employee leaves the company, is terminated, or is unavailable, you could be completely locked out of your account.

Is this really about making your processing systems more secure? No. Even if others had access to your account, all they could see is how much you processed and how your transactions settled. They cannot take, move, or manipulate your money in any way.

The real intent behind this move is to block third parties like us from accessing and, more importantly, auditing your statements.

This effectively shuts the door to any outside help. They have overbilled you in the past, and once everyone else is locked out, your fees can no longer be audited. What do you think their next move will be?

SAY NO to PassKey Encryption.

You can schedule a consultation with us where we can go over any questions you may have.

NOTE: You may not have ClientLine; however, we will still want to make sure you do not implement PassKey encryption, which would lock us out and prevent us from auditing your merchant fees.