Card brands receive trillions of dollars in payments worldwide (VISA data 2021) and these figures are based on the trust that the cardholder has to place their card data for purchases of goods and services in present and non-present card channels.

IQ Information Quality has fourteen years of experience in providing security services in digital payments for Latin America and the Caribbean, approved by the PCI SSC (PCI Security Standard Council), to perform the evaluation of compliance with international standards (PCI DSS, PCI PIN, PCI 3DS) that protect payments made with cards (VISA, Amex, Master, Discovery) in card present (POS) and card not present (e-commerce and telephone) environments.

PCI standards are industry best practices to protect any electronic transaction where sensitive data must be protected and can be used to secure other payment ecosystems such as:

  • Private Cards
  • BNPL (Buy Now Pay Later)
  • International Wire Transfers
  • Person-to-Person P2P payments
  • Toll Payment
  • Loyalty points
  • Cryptoassets.

In any payment your customers make, there is sensitive card data information that must be protected.


What is it? It is a service provided by different financial institutions, through which you can send money abroad to various countries in the world, through a wide network of banks that are affiliated to a worldwide network.

The companies that make international money transfers or that use agents that are generally financial entities use sensitive information that is used to make the transaction. Such information is associated with:

  • Account numbers to and from where the transfer is made.
  • Personal data of the persons sending and receiving the transfer.
  • Identifiers of the agents or associates to and from which the transfer is made.

In some cases transactions are made from digital wallets and/or applications which are connected to the international money transfer ecosystem.

The risks associated with this type of payment ecosystem are related:

Leakage of sensitive information that is used to make the drafts.
Changes in transaction data with man-in-the-middle attacks.
Compromises in the systems that perform the transactions that can lead to fraudulent transactions.

Services that support the protection of international wire transfers are:

  • Identification and documentation of information flows in processes where sensitive customer information is used.
  • Identification and validation of scope
  • Identification of controls that apply to the scope in accordance with PCI best practices.
  • Diagnosis with respect to PCI standards.
  • Validation and support in the action plan to close the findings.
  • Third party audit to validate compliance with controls.

Your mission:

Start NOW to protect your customers and your business.