The standard was created to ensure that organizations processing credit card payments are preventing credit card fraud by utilizing mandatory controls and safeguards when handling sensitive data. The certification was awarded after CommerceGate successfully met all of the recently increased requirements for accreditation set forth by the Payment Card Industry Security Standards Council.
"We are very proud to continue to operate at the highest level of PCI compliance. It makes perfect business sense to us, as we strive to offer the safest and best solutions on the market," CommerceGate CEO Bjorn Skarlen said. "Our certification demonstrates our dedication to maximum security and anti-fraud measures, and it is good to be able to show that our hard work is really paying off."
The PCI Data Security Standard is a comprehensive security guideline that includes strict requirements for security management, policies, procedures, network architecture, software design and other critical protective measures designed to enhance data security.
In addition to PCI compliance, CommerceGate also offers 3D Secure transactions to increase end user confidence and security.
According to the company, 3D Secure is used as an optional added layer of security for online credit and debit card transactions. It was developed by Visa to improve the security of Internet payments and is offered to customers as the Verified by Visa service. Services based on the protocol have also been adopted by MasterCard, under the name MasterCard SecureCode, and by JCB International as J/Secure.
"While 3D Secure is not required of all merchants, the fact that CommerceGate is a qualified provider of 3D Secure processing shows that the company is fully capable of providing the highest level of credit security measures for clients seeking to utilize them as a customer security feature and beneficial marketing element," stated a company release.
"The more trust we can inspire in the end user, the better," Skarlen concluded. "Knowing that their credit card information and money are safe means that customers are more confident signing up and also likely to spend more money per transaction, which in turn improves the profits of our clients."