It would be nearly impossible to personally call all of our merchants to verify their payment application type in time for the new deadlines
Atlanta, GA (Vocus) July 15, 2010
ControlScan, Inc. (controlscan.com), the leading provider of PCI compliance solutions exclusively focused on small merchants, today announced the latest enhancement to its PCI Dashboard reporting solution for acquirers. These changes allow acquirers to view the segmentation of merchant portfolios by payment application type and identify those that are compliant with the Payment Application Data Security Standard (PA-DSS).
The PA-DSS compliance program, initiated by Visa and now maintained by the PCI Security Standards Council, is focused on eliminating prohibited data storage by establishing security requirements for vendors that develop and sell software-based payment applications. Effective July 1, 2010, Phase 5 of Visa’s payment application security mandate indicates that acquirers must ensure their merchants, VNPs and agents use only PA-DSS compliant applications.
“It would be nearly impossible to personally call all of our merchants to verify their payment application type in time for the new deadlines,” says Cole Gagnon, risk analyst, Nationwide Payment Services. “Now we can quickly identify which merchants aren’t using compliant applications and can focus our efforts on contacting them to update their systems.”
Hackers continue to focus on exploiting vulnerable payment applications. For this reason, it is imperative that acquirers have transparency around their customers’ payment application types and versions and are actively monitoring this information to help assess merchant risk. ControlScan’s robust reporting equips acquirers with the ability to view which merchants are and are not using certified payment application. At a glance, an acquirer can also access the processing methods used within its merchant portfolio.
“ControlScan’s enhancements to its PCI Dashboard reporting solution allow for improved consistency and quality of the payment application data supplied by merchants and yield more actionable reporting for acquirers,” says Joan Herbig, chief executive officer, ControlScan. “Making this information available to acquirers is a logical extension to our PCI compliance offering.”
About the PCI Compliance Solutions Provider ControlScan:
Headquartered in Atlanta, Georgia, ControlScan is the leading provider of Payment Card Industry (PCI) compliance and security solutions designed exclusively for small- to medium-sized e-commerce and retail merchants. ControlScan provides easy-to-use Web-based security solutions and a personal level of service that make it easy and cost-effective for these businesses to analyze, remediate and validate compliance. ControlScan is the solution of choice for small merchants and acquirers because it offers security solutions that are built specifically with the small merchant in mind, a personal level of service and the best results. Acquirers and other merchant service providers rely on ControlScan to manage PCI compliance programs for their entire merchant portfolios to ensure maximum compliance rates. For more information about ControlScan call 1-800-825-3301 or visit http://www.controlscan.com.