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:
In any payment your customers make, there is sensitive card data information that must be protected.
Private cards, which are generally issued by commercial establishments or financial entities, need to protect the sensitive information of this means of payment that enables the realization of a transaction and that in case of its compromise allows the realization of fraudulent transactions.
Just like franchised cards, these merchant or financial entities must protect the sensitive information of their private cards in the processes involved in the issuance, delivery, portfolio, reconciliation, among others. PCI standards allow you to use these industry best practices to protect your customers’ information and your business.
Risks in the private card payment ecosystem are:
The services that support the protection of private cards are:
Start NOW to protect your customers and your business.