Do you comply with industry-standard security certifications, such as PCI DSS (Payment Card Industry Data Security Standard)?
Yes, we comply with PCI DSS by implementing rigorous security measures and adhering to specific requirements outlined in the standard. Here is how we typically achieve compliance with PCI DSS:
- Data Encryption: Transactpay and merchants encrypt sensitive cardholder data during transmission and storage to protect it from unauthorised access. this involves using strong algorithms and secure protocols to safeguard data both in transit and at rest.
- Secure Network Infrastructure: PCI DSS requires the implementation of robust network security measures, including firewalls, intrusion detection systems and regular network monitoring to detect and prevent unauthorised access to cardholder data.
- Regular Security Audit: Payment Processors and merchants undergo regular security audits and assessments to evaluate their compliance with PCI DSS requirements. These audits are typically conducted by qualified security assessors (QSAs) or internal auditors to identify vulnerabilities and ensure adherence to security best practices.
- Access Control: Access to cardholder data is restricted to authorised personnel only. Transactpay implements strong access controls, including user IDs, strong passwords and role-based access permissions to limit access to strong-based data.
By implementing these measures and and adhering to PCI DSS requirements, Transactpay ensures the security and integrity of cardholder data, minimises the risk of data breaches and fraud maintains trust with customers and partners.
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