How often do you conduct security audits or assessments of your systems?

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• 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 ...

• How do you handle third-party integrations or partnerships to ensure security?

  We ensure the security of third-party integrations or partnerships by thoroughly checking vendors and partners to make sure they comply with security standards like PCI DSS and ISO 27001. This ensures they meet our strict security requirements, ...

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  Vendor Security: If third-party vendors are involved, we ensure they adhere to stringent security standards and conduct regular assessments of their security practices.

• What is the process for reporting and resolving security-related issues or suspicious activities?

  If there are security concerns or incidents, they are escalated to Infosec@transactworlddigital.com.

• Protection and storage of personal information

  The protection and storage of personal information are critical aspects to ensure the security and privacy of individuals' sensitive data. Transactpay, banks and payment processors implement a variety of security measures to safeguard personal ...