PayPense announced it has received Payment Card Industry Data Security Standard (PCI DSS) Compliance after completing and passing the evaluation conducted by a Qualified Security Assessor certified by the PCI Security Standards Council (PCI SSC). The standard requires meeting a rigorous framework of security protocols intended to ensure a secure environment for companies that process, store, or transmit credit card information.
Becoming PCI Compliant is an important step for PayPense as it expands its roster of retail and financial services customers. The PCI Security Standards Council (PCI SSC), created as an independent body by major credit card companies in 2006, provides standards, tools, frameworks, and measurements to help organizations protect the security of cardholder information. The PCI DSS certification verifies that companies with access to cardholder information adhere to a strict framework for their payment card data security process that includes prevention, detection, and security.
