SÃO PAULO, BRAZIL (June 4, 2015) allpago International (“allpago”), the leading payment provider for Latin America, is one of the first companies in the region to obtain the PCI DSS Level 1 – 3.0 Certification.
Companies that handle branded credit cards from the major card schemes – including Visa, MasterCard, American Express, Discover and JCB – adhere to a proprietary information security standard known as the Payment Card Industry Data Security Standard (PCI DSS).
The major card brands mandate the standard and The Payment Card Industry Security Standards Council administrates it. The standard was first introduced in September 2006 to reduce credit card fraud by the controlling the use of cardholder data. Card schemes allow only companies that are certified PCI DSS Level to store and handle credit card data.
As part of the upgrade to the 3.0 certification allpago performs regularly penetration tests, inventories critical system components, closely monitors vendor relationships and has adopted higher security standards.
Manel Juan, Chief Technical Officer, allpago: “We are proud to meet the highest security standards in the region and what’s more, to be one of the first companies in the region to have achieved this level of certification. It underlines allpago’s commitment to security and our high service levels to merchants.”
Brunno Silva, Compliance Manager, allpago: “Our PCI DSS controls are in place to increase the security environment internally and also to our merchants and partners. It is important to us not only to make payments in Latin America easier, but safer.”
allpago international is the leading payment provider for the LATAM region. allpago provides the most relevant local payment methods through one API and one single platform. allpago offers the best conversion rates ensuring state-of-the-art technology and legal advice necessary for a successful e-Commerce operation in Latin America.
allpago enables start-ups to Fortune 500 companies to offer the necessary local payment methods in the Latin American market, which account for around 80% of their revenues. Current clients include Art.com, Getty Images, Intel Security McAfee, Norton Symantec, Paylogic, Sumup, Teamviewer and many other leading payment and digital companies.