Chandler, AZ (PRWEB) January 02, 2013
Element Payment Services, a leader in PCI compliant payment processing solutions, announces that it is the proud recipient of Business Solutions magazine Best Channel Vendor Award for 2013. The award is presented based on the input of Value-Added Resellers (VARs) and Independent Software Vendors (ISVs) across the industry and rates vendors on factors such as technology, service and support. The award marks the fourth time that Element has been honored with this recognition by the magazine for its efforts in the industry.
“We’re incredibly proud to have received this award from Business Solutions magazine and are grateful to those who provided their input and feedback,” says Sean Kramer, president and CEO, Element Payment Services. “We remain committed to continuing to provide our customers with solutions that simplify and secure payment processing and are backed by excellent service.”
Element Payment Services focuses on providing its customers with solutions that allow them to securely process payments, with a focus on protecting cardholder data and exceeding PCI DSS and PA-DSS compliance requirements. Complying with PCI requirements can be costly and time-consuming, but Element offers innovative technologies such as point-to-point encryption, tokenization and Hosted Payments that dramatically simplify compliance or remove the need for the process altogether.
Business Solutions magazine rates vendors across numerous categories on key performance factors. The web-based survey drew nearly 7,500 votes, continuing the tradition of being one of the largest surveys of its kind, across categories that include service/support, features, innovation and reliability. Element Payment Services was recognized for its excellence in product features and product reliability, further strengthening the company’s reputation for providing advanced solutions to address the challenge of compliance and data security. More information about Element Payment Services can be found at http://www.elementps.com.
About Element Payment Services
Headquartered in Chandler, Arizona, Element Payment Services, Inc. is the industry-leading provider of fully integrated PCI compliant payment processing solutions for merchants and business management software providers. Engineered using service-oriented architecture, Element's Express Processing Platform allows for easy integration, supports advanced technologies and manages more than $10 billion in transaction volume annually.
Element's TransForm® approach to payment processing is built on a simple idea – remove the value and accessibility of cardholder data to eliminate the risk. Leveraging advanced point-to-point encryption and tokenization, Element’s suite of payment solutions transform how payments are secured in a simplified way, delivering optimal security that not only meets but exceeds PCI DSS/PA-DSS compliance requirements. Element's innovative technology, Hosted Payments, was the first payment processing solution on the market to take software providers out of scope for PA-DSS/PCI DSS compliance requirements.