FreedomPay Announces PCI DSS Level 1 v1.2 Certification
Enhanced cardholder information security and encryption protection for clients and members
Newtown Square, PA, April 22, 2009 – FreedomPay (corporate.freedompay.com), the leader of payment management solutions, announced today their achievement of PCI DSS Level 1 v1.2 certification. PCI DSS 1.2 is the most recent standard for cardholder data protection. PCI compliance is critical in today’s precarious environment of data breaches and growing security concerns for retailers and processors.
“As a leading provider of a broad spectrum of payments solutions, it is imperative our network and infrastructure meet the most rigorous security standards,” stated Sam Bellamy, COO of FreedomPay. “Cardholder information and network security are of paramount importance to FreedomPay and its clients.”
FreedomPay provides payment management solutions ranging from credit card processing to stored value solutions, as well as, hardware installation, support and consulting.
“We pride ourselves on being a one-stop shop for our clients payment needs from transactional to hardware needs to compliance consultation,” continued Bellamy. “The trust we garner from our clients is a direct result of our thorough and exacting approach to compliance best practices.”
Today’s quickly evolving technology landscape and the continuing electronification of payments, continue to make compliance a key issue for all merchants, consumers and processors.
“PCI DSS 1.2 is a sweeping update on cardholder and network security and encryption,” stated Jerry Wyble, CEO of T3i (www.t3i.com), who provided the certification. “By achieving PCI DSS 1.2 certification, FreedomPay assures its clients and customers that their data is being handled with the utmost compliance. With these enhanced measures in place, FreedomPay will maintain the highest data integrity and standard of information security.”