Payza Engages TRUSTe for Online Privacy Solution

Global online payment processor leverages TRUSTe’s online privacy policy to promote consumer confidence across its platform.

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Payza takes its members’ privacy seriously and provides complete transparency with regard to how its members’ information is collected, stored and used; this is paramount to the health of our business.

New York, NY (PRWEB) October 29, 2012

Payza, a leading global online payment platform, today announced it has engaged TRUSTe, the leading online privacy solutions provider, to incorporate the TRUSTe Privacy Seal Program in its Payza websites. The TRUSTe Privacy Seal is recognized and trusted by millions of consumers worldwide and companies are in compliance with ever-evolving and complex online privacy requirements.

“It’s more than just building trust across our platform, it’s about building consumer confidence,” said Payza Executive Vice President Ferhan Patel. “Payza takes its members’ privacy seriously and provides complete transparency with regard to how its members’ information is collected, stored and used; this is paramount to the health of our business. TRUSTe’s ‘Truth in Privacy’ framework is a perfect complement to our ‘Transparency in Security’ process.”

TRUSTe’s Truth in Privacy extends Payza’s mission to ensure consumers are offered increased transparency regarding privacy practices, accessible choices regarding the use of personal information, and ongoing accountability through TRUSTe privacy certification. Mohammad Hashemi, newly appointed Vice President of Product and Business Strategy at Payza, recently described this need for transparency in the October 15 issue of The Paypers.

In addition to increased transparency, Truth in Privacy also enables businesses like Payza to ensure that they are collecting consumer information responsibly and in accordance with current governing laws and regulations.

Payza joins over 5,000 web properties that rely on TRUSTe to align privacy practices with regulatory requirements, including other top companies such as Apple, AT&T, Disney, eBay, HP, Microsoft, Nationwide and Yelp.

About TRUSTe
TRUSTe is the leading global privacy management solutions provider and offers a broad suite of solutions that enable multinational companies to safely and efficiently handle the customer data powering their online businesses - including advertising, cloud services, mobile applications, and websites. Over 5,000 web properties from top companies like Apple, Disney, eBay, Forbes, HP, and Microsoft rely on TRUSTe to ensure compliance with evolving and complex international privacy requirements. TRUSTe's mission, based on a "Truth in Privacy" framework, is built on a solid foundation of transparency, choice and accountability regarding the collection and use of personal information. TRUSTe's privacy seal is recognized and trusted by millions of consumers worldwide as a sign of responsible privacy practices. For additional information on TRUSTe and its offerings, please visit http://www.truste.co.uk.

About Payza
Payza is one of the world’s leading global online payment platforms specializing in e-commerce processing, corporate disbursements and remittances. Payza’s highly secure e-wallet platform provides businesses and consumers with convenient and flexible solutions for sending and receiving payments worldwide. The company offers access to payment services in both traditional and emerging markets, as well as a host of tools and services including: fraud screening, dispute resolution, currency exchange, global payouts and disbursement services. With over 9 million members, Payza offers its services around the world in 21 currencies, and is proud to provide its merchants around the globe with a complete solution for accepting payments and managing their businesses. More information is available about Payza on its website, http://www.payza.com, Facebook, Twitter and on the company’s blog.


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