PCI Compliance
The Payment Card Industry Data Security Standard (PCI DSS) is an international standard for card payment processing sector data protection. These are a series of security requirements that were designed to guarantee that all businesses that take, handle, store, or send credit card information operate in a secure environment.
In accordance with PCI DSS Level 1, Finateco secures online transactions to the greatest level of security.
What is the importance of PCI Compliance?
For their own safety, it is important that every online retail firm conducts transactions via a Compliant payment gateway.
In addition to providing customers with online payment solutions via state-of-the-art security and PCI-DSS Level 1 compliance, Finateco is also a PCI-compliant payment processor. Ensuring our clients and their consumers safe and secure is our top priority.
Online transaction and the risks involved
A wide range of potential threats exists in the internet world, particularly when it comes to businesses and merchants. According to available data over 340 million compromised internet security attacks have been reported since 2005. Moreover, small merchants were the target of 80 percent of those security breaks, making them the most sensitive to the dangers that online fraud might pose in the first place.
Customer information is hacked, and the penalties for the merchant can be extremely severe in such circumstances. Finateco offers security services for businesses of all kinds and types, so if you are concerned about security and want to secure your customers from attacks, please contact us. We are here to offer you a payment processor that is PCI compliant, just like every retailer should. This is our method of protecting you from fraud assaults.
This has already been noted. Customer information from a non-compliant business that is taken as a result of an information security breach might result in severe fines for the shop in question. Fines of up to $500,000 per occurrence, as well as the loss of his ability to take credit cards, are among the punishments he faces. Either of these penalties can knock anyone’s business out of business, particularly if one is just starting started and trying to make a name for oneself in the industry. In certain circumstances, it has the potential to bring the company to its knees. This illustrates why it is critical to protect your own security or work for an organization that has your best interests in mind when it comes to information security.
Your security is safe with Finateco
At Finateco, the security and protection of our customers are our top priority. As a result, we provide a PCI-compliant payment gateway and take complete responsibility for the security of your transactions. Through our PCI compliance, we protect our clients and merchants in the same approach that we protect ourselves, allowing everyone to rest assured that they are safe and secure.
Finateco is dedicated to providing its customers with high-quality services, including PCI compliance. For this reason, millions of customers all around the globe prefer to work with us in a trustworthy and safe environment.
Don’t hesitate to join up or contact us right away if you believe it is time to update the security and protection of your company’s website. We can show you how easy it is to integrate Finateco into your e-commerce website.