3/11/10

PaymentSeal, a PCI-DSS Solution for E-Commerce Transactions, Proposes an Innovative End-to-End Payment Security

Zak Stambor , Managing Editor

PaymentSeal™now provides shoppers with a secure method to authorize online payments, making e-commerce safe and reliable.

Torrance, CA, March 9, 2010 -- PaymentSeal™ is a new patent-pending PCI-Compliance Technology that lets shoppers take control of protecting their sensitive payment data. With a few simple clicks, shoppers can see their payment information encrypted by secure payment service providers and passed to the targeted merchant site. In addition, shoppers can set an expiration date and maximum amount that can be charged for the payment authorization granted to the target merchant.

Merchant system is deemed “out of scope” of PCI-Compliance since the payment data passed to the merchant is already encrypted and the merchant does not have access to the cipher key to retrieve the original payment data.

Shoppers experiencing the data protection process will have more confidence in level of payment security and will be more likely to complete the transaction and reduce cart-abandonment rate, as well as more inclined to purchase from sites offering this payment method in the future.

Below are several highlights of PaymentSeal™:



For more information about PaymentSeal™, please visit PaymentSeal.com or contact James Lin at (310) 783-0229

Topics:

credit cards, Data privacy, Electronic commerce, Merchant services, Payment

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