Tuesday, 23 July 2013

New PCI DSS Compliant Payment Software Approaches the Market

Naples, FL (PRWEB) August 20, 2006

It may seem that too much is said about online payment security; still the problem is a crucial one and is being globally ventilated. How to be sure my payment is secure? The question is burning for all the links of the chain: payment service providers, applications developers, merchants, and cardholders.

Today, there is a unified approach to security standards. Payment Card Industry Data Security Standard (PCI DSS) is a list of unified standards and requirements for the industry. However, only 20% of the major industry-related companies are PCI DSS compliant. This is stimulated by mid-tier merchants and service providers ignorance of the certificate though they are the most vulnerable objects of attacks. According to WordPress report, many payment industry players feel the standard is not clear or is not being applied prudently to encourage complete adoption.

Anyhow, PCI DSS must be the most comprehensive solution and positively the best at this stage. Visa together with worlds major payment systems strongly encourages payment service providers, merchants and payment applications developers to pass the PCI DSS compliance certification in order to be able to guarantee high-level security to both their customers and partners.

Understanding the importance of security matter, TechnoPark Corp., an outsourcing software development company, has released its mobile payment processing system which meets all the standards provided by PCI DSS. The system MPPS enables users to pay for goods and services using only their mobile phones, and provides a number of additional functions like statistics, notifications, etc. (Detailed description of MPPS is available on companys website). Laboratory testing assured the products compliance, so it is about to be sent to Visa for certification.


New PCI DSS Compliant Payment Software Approaches the Market

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