Migration towards Quantum-Safe payments
Introduction
Today’s payment systems are heavily dependent on traditional cryptographic security protocols such as RSA 2048 (asymmetric) and AES 256 (symmetric) to secure data and communications. The NIST also recommends [1] RSA 2048 key size is the most used in the industry such as EMV 3DS specification recommends such key size [2] or above. The usefulness of the asymmetric cryptographic primitives RSA, Elliptic curve based, and symmetric cryptographic primitive AES are huge in payments, refer to our previous blog post to find in detail, you can find a description of where these RSA, Eliptic curve or AES cryptographic primitives are used for payments and how the asymmetric ones (RSA, EC) are absolutely threatened by quantum computers. And even if quantum computing does not pose a fatal threat to symmetric cryptography such as AES, you need to double the key length to guarantee the same level of security against a quantum computer attack.
Read more Details

