BCSS simplifies the generation of secure payment credentials and securely processes payment transactions, the complexity related to payment cryptographic key management, and the integration and management of payment hardware security modules (HSM). It provides control of chip card application profiles with in-house EMV data preparation and helps pass payment security audits with built-in audit logs and reporting functionality. It also eliminates costs related to hiring highly specialized payment security experts or training programmers and leverages standardized cryptographic algorithms, which are up-to-date and correctly applied.