i-payout™ Payment Solutions Offer Cutting Edge Fraud Prevention Systems to Ensure Safety of Users
Hallandale Beach, FL (PRWEB) March 11, 2014 -- Hackers and identity thieves are a constant threat when it comes to maintaining security and protecting the privacy of banking records. According to a recent report by the U.S. Department of Justice, more than 16 million people were victims of identity theft last year. With over 44% of Internet users regularly checking their online accounts, millions of people are in constant danger of becoming victims of fraud.
Leading global digital payment provider i-payout™ is taking action to protect its clients through the use of cutting edge technology. The company uses triple redundancies and an exclusive closed loop system to uphold the integrity of security in its digital payment platform. Such innovative practices are proving highly effective in safeguarding the information of its users.
“By implementing our sophisticated redundancy systems and reserving access strictly to organizations within a closed loop system, we have been able to mitigate the possibility of any security breaches,” said Dmitriy Polyakov, Chief Technology Officer of i-payout™.
i-payout™ is certified by the Payment Card Industry Data Security Standard (PCI DDS), Statement on Standards for Attestation Engagements (SSAE) 16 including the Service Organization Control (SOC II) and compliant to the Currency and Foreign Transactions Reporting Act known as The Bank Secrecy Act (BSA).
###
About i-payout™
Established in 2007, i-payout™ is a leading global player in the digital payments industry. The company’s platform and services make it possible for organizations and their members to make and receive payments from anywhere in the world, via multiple options, with ease and convenience. i-payout™ has focused expertise and capabilities to address the specific needs of business verticals including Multi-Level Marketing, Direct Selling Associations, unions and the legal industry. For more information, visit http://www.i-payout.com.
Krystal Kinney - Media Contact, THR33FOLD, 305.527.2191, [email protected]
Share this article