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Point Of Pay joins PCI
Security Standards Council as newest Participating Organization —Point Of
Pay to participate in key standards setting body protecting payment cardholder
data— FOR IMMEDIATE RELEASE Melbourne, Victoria/Australia, December 5, 2008 — Point Of Pay Pty Ltd, the developer of the Point of
Pay (PoP) technology, announced today that it has joined the PCI Security
Standards Council as a new participating organization. As a Participating Organization, Point Of Pay
will work with the Council to evolve the PCI Data Security Standard (DSS) and
other payment card data protection standards.
The PCI DSS, endorsed by American
Express, Discover Financial Services, JCB International, MasterCard Worldwide and
Visa Inc., requires merchants and service providers that store, process or
transmit customer payment card data to adhere to information security controls
and processes that ensure data integrity. More information on the council and the
standard can be found at www.pcisecuritystandards.org As a Participating Organization, Point Of Pay will now have access to
the latest payment card security standards from the Council, be able to provide
feedback on the standards and become part of a growing community that now
includes more than 490 organizations. In an era of increasingly sophisticated
attacks on systems, adhering to the PCI DSS represents an entity’s best
protection against data criminals. By
joining as a Participating Organization, Point Of Pay, is adding its voice to
the process. “The PCI Security Standards Council is committed to helping everyone
involved in the payment chain to protect consumer payment data,” said Bob
Russo, General Manager of the PCI Security Standards Council. “By participating
in the standards setting process, Point Of Pay demonstrates they are playing an
active part in this important end goal.” “PoP represents, for the first time anywhere in the world, an ATM /
EFTPOS-level secure way to transact online from home or
the office, with these transactions being accepted as cardholder present (CHP) transactions
at all times. We look forward to being an active participant on the PCI Security
Standards Council,” said Daniel Elbaum, Chairman and CEO of Point Of Pay. About PCI Security Standards Council
About Point Of Pay Pty Ltd Point Of Pay is the developer of the Point of Pay (PoP) technology; a
technology enabling card holder present (CHP) transactions over the Internet, thus
preventing online identity fraud. That is, PoP enables simple and secure
(EFTPOS / ATM level) on-line purchasing, on-line banking and on-line bill payments
from home or business. # # # Media contacts Point Of Pay Pty Ltd PCI Security Standards
Council H. Daniel Elbaum Glenn
R. Boyet +61 3 9569 9711 781-876-6248 hde@pointofpay.com.au gboyet@pcisecuritystandards.org |