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Friday, 8 June 2012

Payment security. We do the hard work so you don't have to.

It may be a cheesy advertising slogan for a kitchen detergent, however the sentiment remains exactly the same at Conferma. We take payment security extremely seriously so that our partners and customers worry less. But what exactly does ‘payment security’ entail?

PCI and DSS. POS and SSC. PANs and PINs. The PCI, or Payment Card Industry, is filled with acronyms and abbreviations.
The Payment Card Industry is also filled with several DSS, or Data Security Standards, with which all serious participants in the financial service sector must comply. Being PCI Level 1 compliant involves satisfying several stringent system and network security requirements, continuous monitoring and a rigorous security policy.
All sensitive payment card details are encrypted and secured by Conferma to eliminate the handling, processing and storage of credit card data for customers. Essentially, PCI compliance ensures that all Conferma transactions are inherently secure and ensures peace of mind for all our partners and customers.
This week’s news that millions of LinkedIn passwords had been compromised merely serves as a reminder of the importance of security, vigilance and good practice.
Payment security has always been greatly prized and standard practice here at Conferma. It is inherent in everything we do – security training is conducted for all staff and all hardware is encrypted. The highest level of payment security commercially available merely serves as official recognition of our continuous commitment to security for all our virtual payment solutions.
PCI accreditation is also representative of the ROI in terms of the significant time and finance devoted to the project, the single biggest project undertaken at Conferma. OMG, as you might say in an SMS… 

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