Visa Europe Confirms Allied Wallet as an Approved Merchant Agent

London, United Kingdom: Today, null, a globally leading provider of online credit card processing, multi-currency merchant services, state-of-the-art payment processing, digital eWallet solutions, and a PCI Level 1 payment gateway, was listed as an approved Visa Merchant Agent.

The term ‘agent’ includes any entity that provides payment or payment-related services to merchants such as digital wallet providers, payment processors, shopping cart software solution providers, and web hosting companies.

Visa Europe has ruled that, beginning on December 31, 2012, banks should only allow merchants to use merchant agents that have been registered and approved by Visa Europe to ensure that agents have complied with appropriate standards of security and maintain acceptable business practices.

There are roughly 6,000 agents providing services for merchants in Europe. As of today, there are only forty-five Merchant Agents that have been granted approval. By January 1, 2013, banks must move all merchants from existing agents to approved agents that have been listed by Visa Europe or they must terminate the merchants’ processing contracts.

Failure to do so will result in penalties from Visa Europe. The purpose of the approval process is to encourage online retailers to reduce risk, improve data management, and protect their merchants from online fraud and data compromisation.

Allied Wallet is proud to be registered on Visa Europe’s list of approved Merchant Agents and pairs this exemplification of their security methods with their PCI DSS Level 1 Compliance certification.

Andy Khawaja, CEO of Allied Wallet, stated, “This registration, combined with our PCI DSS Compliance, demonstrates Allied Wallet’s commitment to the security and reputation of all its partners. At Allied Wallet, we provide leading-edge services, security, and value. We are very happy to receive recognition from Visa Europe. We will continue to provide and maintain the highest security standards.”


You might also like:

white and gold certificate honoring Allied Wallet Press Releases

Allied Wallet and CEO Andy Khawaja Awarded as Most Prominent…

Phone displaying Allied Wallet eWallet app in front of airplane window Press Releases

Allied Wallet Supports World Travelers with New eWallet Features

ipad displaying Allied Wallet dashboard Press Releases

Allied Wallet Adds New Payment Gateway Features to Its Leading…

Dr. Andy Khawaja on magazine cover Press Releases

Dr. Andy Khawaja of Allied Wallet is Industry Era’s Entrepreneur…

group of businessmen shaking hands at conference table Press Releases

Allied Wallet and CEO Andy Khawaja Begin Transforming Africa Into…

credit card being swiped through allied wallet device Press Releases

Allied Wallet is Innovating Payments to Meet the Needs of…

wooden rooftop decorated with Israel flags Press Releases

Allied Wallet Adds New Payment Methods to Support Israel E-commerce…

city skyline in Indonesia at dusk Press Releases

Allied Wallet Increases Projected Growth in Indonesia with New Capabilities