Quisitive Technology Solutions Inc., a premier Microsoft Cloud Services and Payment Solutions Provider, has announced that it has achieved Level 1 Payment Card Industry Data Security Standard (“PCI”) certification for its LedgerPay solution.
PCI certification is a robust set of requirements that certify that a payments company processes, stores, and transfers payments information via a secure environment. The Level 1 certification is the most scrutinized level of compliance achievable and demonstrates Quisitive LedgerPay’s robust security protocols and commitment to customer information security. LedgerPay was certified by Information Exchange, PCI Qualified Security Assessor (QSA). To attain this achievement, an organization must demonstrate the utmost security for payments card data that meets the standards and specifications of the major credit card brands. Given the highly sensitive nature of payments information, PCI certification is a critical benchmark in the payments industry for reputable service providers.
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Attaining formal PCI certification is a crucial milestone as the LedgerPay engineering and operations teams continue to advance towards commercialization following the announcement of sponsorship by The Bancorp as a merchant acquiring processor. With PCI certification attained, the next milestone is the certification of the LedgerPay platform to perform credit card and debit card processing for Visa, Mastercard, Discover, and American Express cardholders.
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“PCI certification is a prerequisite to finalizing the credit card certifications that will enable LedgerPay to process credit and debit card transactions and fully commercialize the product. We are excited to have achieved this major milestone on an accelerated timeline that indicates LedgerPay’s high-quality security features and paves the path towards Visa certification and full commercialization,” said Quisitive CEO Mike Reinhart.
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