10/14/08

Payvision Teams Up with Trustwave

Katie Evans , Managing Editor, International Research

Top International Processor to Offer Merchants Superior Security and Compliance Solutions

October 14, 2008 – Amsterdam, The Netherlands and Chicago, Illinois. Payvision, one of the leading international payment solutions providers for the card-not-present marketplace, has partnered with Trustwave, the leading provider of on-demand data security and payment card industry compliance management solutions to businesses and organizations throughout the world, to provide its global merchant base with best-in-breed security and compliance services for multiple regulatory standards, including the Payment Card Industry Data Security Standard (PCI DSS).

PCI DSS is the payment card industry security requirement for entities that store, process or transmit cardholder data, and has been endorsed by all major card brands –Visa Inc., MasterCard Worldwide, Discover Network, American Express and JCB. Merchant compliance requirements are segmented into four levels based on the number of transactions a merchant processes annually.

The new alliance will afford Payvision customers the ability to take advantage of Trustwave’s outstanding suite of technology and services, including its flagship TrustKeeper® on-demand compliance management technology, which provides the tools necessary to validate PCI DSS compliance.

Payvision will offer its merchant population access to additional Trustwave technology and services to support real-time compliance. Such services include TrustKeeper Agent, an on-site monitoring software that performs policy checks and inspects for prohibited data storage on any system in which it is installed. Other services include SSL certificates for e-commerce merchants and help-desk support for those organizations requiring additional assistance to become PCI DSS compliant.

“We are excited to partner with a company of Trustwave’s reputation in the security solutions arena,” says Rudolf Booker, CEO of Payvision. “Our combined efforts will provide the international payment processing community with unparalleled programs to meet the challenges all merchants face with compliance and security issues.”

Payvision offers card-not-present processing services via its secure, PCI DSS-compliant platform for all major credit cards including Visa, MasterCard, American Express, Discover Card, Diner’s Club, Carte Blanche, JCB and Carte Bleue.

“As one of the premier payment processors in Europe, Payvision is providing access to easy-to-use PCI DSS compliance validation solutions for thousands of merchants,” says Robert J. McCullen, Chairman and CEO of Trustwave. “Our data security and compliance management technology will help Payvision merchants validate compliance and secure transactions.”

About Payvision
Headquartered in Amsterdam with satellite offices in New York, Boston, Madrid and Singapore, Payvision was founded in 2001 by international entrepreneur Rudolf Booker. This leading international payment solutions provider offers a comprehensive suite of products and services for the card-not-present arena. Its core is built on multiple key components that include domestic global acquiring, multi-currency processing and alternative payment solutions. Payvision’s multi-tiered platform offers flexible and feature-rich, stream-lined solutions that can be deployed worldwide. At present, Payvision provides its domestic acquiring expertise to retail communities in over 40 countries and 150 currencies. To learn more about Payvision, please visit www.payvision.com.

About Trustwave
Trustwave is the leading provider of on-demand and subscription-based information security and payment card industry compliance management solutions to businesses and government entities throughout the world. For organizations faced with today`s challenging data security and compliance environment, Trustwave provides a unique approach with comprehensive solutions that include its flagship TrustKeeper® compliance management software and other proprietary security solutions. Trustwave has helped more than 30,000 organizations-ranging from Fortune 500 businesses and large financial institutions to small and medium-sized retailers-manage compliance and secure their network infrastructure, data communications and critical information assets. Trustwave is headquartered in Chicago with offices throughout North America, South America, Europe, Africa, China and Australia. For more information, visit https://www.trustwave.com.

Carrie Bardeen, Senior VP
Sales, North America
+1 978 462 3459

c.bardeen@payvision.com

Michelle Genser
Trustwave
+1 312 873 7288
mgenser@trustwave.com

Topics:

Data privacy, Finance, Merchant services, Payment card industry, Payment Card Industry Data Security Standard

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