Why Online and Mobile Payments Require PCI Payment Gateway Compliance

The PCI payment gateway is a payment system that adheres to the compliance of The Payment Card Industry (PCI). PCI compliance is adherence to a set of security standards that were developed to protect card information during and after a financial transaction.

There are six main requirements forPCI compliance. The vendor must:

  • Build and maintain a secure network

    • Install and maintain a firewall configuration to protect cardholder data

    • Not use vendor-supplied defaults for system passwords and other security parameters

  • Protect cardholder data within the PCI payment gateway

    • Protect stored cardholder data

    • Encrypt transmission of cardholder data across open, public networks

  • Maintain a vulnerability management program

    • Use and regularly update anti-virus software

    • Develop and maintain secure systems and applications

  • Implement strong access control measures

    • Restrict access to cardholder data by business need-to-know

    • Assign a unique ID to each person with computer access

    • Restrict physical access to cardholder data

  • Regularly monitor and test networks

    • Track and monitor all access to network resources and cardholder data

    • Regularly test security systems and processes for the integrity of the PCI payment gateway

  • Maintain an information security policy

    • Maintain a policy that addresses information security

If cardholder data is stolen, a merchant that is not PCI compliant can be fined up to $500,000 per incident, penalized, and even have their right to accept credit cards revoked. These consequences loom especially large when you consider that 80% of online security attacks are against small businesses that may not have the in-house resources to deal with the problem effectively. A merchant involved with a PCI payment gateway without proper PCI compliance could see their businesses shattered because of a security breach.

At Allied Wallet, we are a leader in the safety and security of electronic commerce transactions. It has built its business around PCI-DSS Level 1 Compliance as an established internet payment service provider.

It’s important to safeguard your business against these threats. When you use Allied Wallet as your secure payment gateway, the responsibility of protecting data and maintaining your PCI compliance becomes theirs. Directing your transactions to secure payment processing from Allied Wallet ensures that your business will never have to deal with sensitive credit card data directly, thereby protecting you from liability. And when Allied Wallet assumes the risk, it makes sure that security is held to the strictest standards.

According to Allied Wallet, you rest easy knowing that your customers’ data is as safe as possible, and that your company is safe from the negative repercussions that result from a security attack. This protection comes with an excellent payment processing product that’s full featured, easy for you and your customers to use, and available in your company’s budget.

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