Avenues takes payment security to the next level with PCI DSS 3.2 certification
29th November, 2016
Avenues India, the recognized eCommerce solutions provider and the parent company of CCAvenue.com, today announced that it has been certified as fully compliant with PCI DSS version 3.2. With this remarkable accomplishment, Avenues has consolidated its position as one of the most secure business enabling platforms in the country.
The Payment Card Industry Data Security Standard (PCI DSS) is a set of proprietary security standards mandated by major credit card providers including American Express, Discover Financial Services, JCB, MasterCard Worldwide, and Visa International to protect cardholder data from identity theft and security breaches. PCI DSS 3.2 is the latest version sanctioned by the PCI Security Standards Council.
Being India�s leading and largest third-party payment aggregator, CCAvenue places security at the core of its operations, securing data for more than 1 lakh+ web businesses. The PCI DSS certification reaffirms the company�s commitment to a proactive security approach, which focuses on maintaining compliance with the highest standards. CCAvenue continues to offer the most secure solutions to ensure that its merchants� and their customers� data is always secure.
Commenting on the achievement, Mr. Vishwas Patel, Chief Executive Officer at Avenues Group said: "At CCAvenue, we have always strived to push the boundaries of the possible to provide our merchants with globally competitive level of services. Achieving the PCI Standard 3.2 is just another example of our persistence towards our goals and focus on security in online transactions. It will further enhance and sustain the confidence merchants have placed in us and ensure the maximum level of transactional security for their business."
About PCI DSS 3.2
In September 2006, the five major credit card providers including Visa, MasterCard, American Express, Discover and JCB formed an independent council (Payment Card Industry Security Standards Council) with an aim to increase controls around cardholder data to reduce credit card fraud. The council created the Payment Card Industry Data Security Standard (PCI DSS), a proprietary information security standard for organizations that handle branded credit cards. PCI DSS provides an actionable framework for developing a robust payment card data security process, including prevention, detection and appropriate reaction to security incidents. It ensures security of payment account data in a globally consistent manner. PCI DSS 3.2 is the latest version of the PCI DSS. To know more, visit www.pcisecuritystandards.org
About Avenues
Headquartered in Mumbai, CCAvenue is a payments platform for ecommerce businesses in India. CCAvenue is designed to help its 1 lakh+ merchants accept online payments through a spectrum of new-age payment options including 6 major Credit Cards, 98+ Debit Cards (All MasterCard /Visa /Maestro /RuPay Cards), Amex EzeClick, 53+ Net Banking, 48 Bank IMPS, 16 Prepaid Instruments and up to 12 Multi Bank EMI options. CCAvenue now also offers UPI (Unified Payments Interface) and will soon be adding BBPS (Bharat Bill Payment System) payment facility on its platform. Backed by a 15-year history of industry firsts, outstanding innovations and prestigious accolades, CCAvenue offers a multi-channel payment platform, along with a bunch of disruptive features such as CCAvenue Checkout, CCAvenue S.N.I.P., CCAvenue Store Front, CCAvenue Card Storage Vault (tokenization) and more. CCAvenue has successfully achieved the ISO/IEC 27001:2013 certification in addition to being PCI DSS 3.2 compliant.
The Payment Card Industry Data Security Standard (PCI DSS) is a set of proprietary security standards mandated by major credit card providers including American Express, Discover Financial Services, JCB, MasterCard Worldwide, and Visa International to protect cardholder data from identity theft and security breaches. PCI DSS 3.2 is the latest version sanctioned by the PCI Security Standards Council.
Being India�s leading and largest third-party payment aggregator, CCAvenue places security at the core of its operations, securing data for more than 1 lakh+ web businesses. The PCI DSS certification reaffirms the company�s commitment to a proactive security approach, which focuses on maintaining compliance with the highest standards. CCAvenue continues to offer the most secure solutions to ensure that its merchants� and their customers� data is always secure.
Commenting on the achievement, Mr. Vishwas Patel, Chief Executive Officer at Avenues Group said: "At CCAvenue, we have always strived to push the boundaries of the possible to provide our merchants with globally competitive level of services. Achieving the PCI Standard 3.2 is just another example of our persistence towards our goals and focus on security in online transactions. It will further enhance and sustain the confidence merchants have placed in us and ensure the maximum level of transactional security for their business."
About PCI DSS 3.2
About Avenues
Headquartered in Mumbai, CCAvenue is a payments platform for ecommerce businesses in India. CCAvenue is designed to help its 1 lakh+ merchants accept online payments through a spectrum of new-age payment options including 6 major Credit Cards, 98+ Debit Cards (All MasterCard /Visa /Maestro /RuPay Cards), Amex EzeClick, 53+ Net Banking, 48 Bank IMPS, 16 Prepaid Instruments and up to 12 Multi Bank EMI options. CCAvenue now also offers UPI (Unified Payments Interface) and will soon be adding BBPS (Bharat Bill Payment System) payment facility on its platform. Backed by a 15-year history of industry firsts, outstanding innovations and prestigious accolades, CCAvenue offers a multi-channel payment platform, along with a bunch of disruptive features such as CCAvenue Checkout, CCAvenue S.N.I.P., CCAvenue Store Front, CCAvenue Card Storage Vault (tokenization) and more. CCAvenue has successfully achieved the ISO/IEC 27001:2013 certification in addition to being PCI DSS 3.2 compliant.
INFIBEAM AVENUES
