PayPoint has achieved PCI DSS compliance for its online payment platform for the tenth consecutive year. Research commissioned by PayPoint in May 2014 found that security is more important amongst consumers than convenience when deciding how to pay. Over half of UK consumers (55 per cent) view the security of our payment methods as the most important factor in deciding how we pay – while only a quarter (26 per cent) believe convenience to be the most important deciding factor. The PCI Data Security Standards are a comprehensive set of global standards designed to ensure the highest levels of protection for consumer payment card data. They apply to all businesses which process, store and submit sensitive card-holder information, and certification must be renewed annually.
“At PayPoint, PCI DSS has always been a fundamental part of our business and is deeply baked into our business processes,” commented Dan Salmons, managing director, PayPoint Mobile & Online. ” A decade ago, when we gained our first certification, the world of payments and mobile commerce was much less demanding. With PCI now absolutely essential, we are proud to have achieved compliance for the tenth year running. We feel it shows just how dedicated we are to creating a safe payment environment for our clients and their customers.”