Merchant Account : Payment Processing : Credit Card Processing : Payment Software Services : Credit Card Machines
Wednesday, February 08, 2012

PCI Compliance  : Payment Processing Solutions : Electronic Payment Processing : Superior Financial Service

Superior Financials PCI Compliance Services

Credit Card Processing : Merchant Account Management, Payment Processing : Superior Financial Service In addition to Level One PCI Compliant payment processing, Superior offers cutting edge tools will help merchants improve their security and reduce the costs of becoming PCI Compliant.

CertifyPCI™

CertifyPCI™ was designed specifically to streamline the PCI Certification process in an effort to help merchants easily achieve a higher level of security. Acquirers are turning up the heat on compliancy deadlines. Because of this, Superior Financial has created CertifyPCI™, an in-house PCI certification tool for merchants. This is an automated web based process to PCI certify qualified merchants in minutes. Furthermore, CertifyPCI™ optionally offers a $50,000 per occurrence insurance policy should merchants suffer any breaches or incidents.

Secure Centralized Payment Gateway

The Superior Centralized Payment Management System offers a simplified payment solution. Multi-channel companies have several autonomous payment systems creating multiple opportunities for security leaks and system management. Along with disparate payment systems, sales have to be reconciled. Our centralized system does not. All of your data is stored in a single secure repository to simplify reporting and accounting follow up.

Multiple payment systems require redundant human and computer resources. Our system will help you streamline business processes and reduce the hours spent managing your payment system. Increased sales volume won't impose further burden on your internal staff and hardware. Our scalable gateway is designed with high volume in mind. We have a load balancing system that allows our customers to process transactions with multiple processors and multiple MIDs at the same time. This is the perfect model for distributing transactions during peak sales.

WHAT IS PCI COMPLIANCE?

"The PCI Data Security Standard (PCI DSS) and supporting documents represent a common set of industry tools and measurements to help ensure the safe handling of sensitive information. The standard provides an actionable framework for developing a robust account data security process-including preventing, detecting and reacting to security incidents. To reduce the risk of compromise and mitigate its impacts if it does occur, it is important that all entities storing, processing, or transmitting cardholder data be compliant."

(excerpt from PCI Security Standards Council website)

Related documents can be found at www.pcisecuritystandards.org.

WHAT ARE THE PENALTIES?

All merchant accepting payment cards, including e-commerce, brick and mortar and service must comply with the PCI DSS or stiff monthly fines. Visa levies more than $5,000,000 in fines each year. They ranged from $5000 to $500,000 per incident per month.

Payment Software : E-Commerce Processing Solutions : Credit Card Payment Processing : Superior Financial Service

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