January 9, 2013
NEW YORK, NY – January 9, 2013 – Transactis has announced its annual re-certification of Payment Card Industry Data Security Standard (PCI-DSS), the strictest industry-recognized information security standard in the world. This achievement of compliance means that Transactis’ partners can be confident in the security of its EBPP and EIPP platform as well as other standards including proper security policies, procedures and regulations.
PCI DSS is a proprietary information security standard for organizations that handle cardholder information for the major debit, credit, prepaid, e-purse, ATM, and POS cards. The standard was created to increase controls around cardholder data to reduce credit card fraud via its exposure. Validation of compliance is done annually — by an external Qualified Security Assessor that creates a Report on Compliance for organizations handling large volumes of transactions, or by Self-Assessment Questionnaire for companies handling smaller volumes.
“Data protection has always been a top priority at Transactis. It is critical that we offer a secure environment for our customers’ personal data,” said John Norment, Chief Compliance Officer at Transactis.
Transactis selected Trustwave, the leading provider of on-demand data security and payment card industry compliance management solutions to businesses and organizations throughout the world, to provide the company’s latest PCI certification. In selecting a well-known and respected partner like Trustwave, Transactis demonstrates its investment and ongoing commitment to provide the most secure online billing and payment solution on the market.
Transactis delivers a robust electronic bill and invoice presentment and payment (EBPP and EIPP) solution to replace paper bills and payments with smart electronic transactions. BillerIQ is a feature-rich, configurable white-label solution enabling businesses of all sizes and across all industries to securely deliver electronic bills, invoices and documents and accept payments online, by phone or mobile device. Transactis is HIPAA compliant, SSAE 16 compliant, PCI Level 1 certified, and SOC 2 certified. Transactis investors include StarVest Partners, Metamorphic Ventures, MacAndrews & Forbes Holdings, and ff Venture Capital. For more information visit transactis.com
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