Home News & events Press Releases 2007 Quipu GmbH achieves compliance to PCI Data Security Standard

 

Quipu-GmbHQuipu GmbH (Frankfurt, Germany) - TPP and MSP, working on TranzWare products from Compass Plus, achieved an overall compliance to the mandatory PCI Data Security Standard. The audit was performed by Excelsis.

The Payment Card Industry Data Security Standard (PCI DSS) is the result of collaboration between Visa and MasterCard payment systems but also has the support of other payment networks such as American Express, Diners Club and card companies and demonstrates rigorous efforts of the payment industry to tackle the ever so important security issues.

Compliance with the PCI DSS v1.1 certifies that Quipu, including the payment software – TranzWare CMS (card management system), TranzWare Online (processing system), TranzWare Card Factory (card personalization system) and TranzWare Fraud Analyzer (fraud prevention and detection system) that it utilises, proactively protects themselves, its customers and the overall payment system against the threat of security compromises, such as fraud and identity theft.

The PCI Data Security Standard Certificate of Validation was issued by Excelsis – an independent Visa Qualified Security Assessor and MasterCard Certified Scan Vendor.

Quipu GmbH has been running its processing centre on TranzWare applications from Compass Plus since 2004 and offers processing services to over 20 banks within the ProCredit group around the world.

Quipu GmbH – is a dynamic, innovative service provider with a commitment to supporting business partners in every aspect of their card-based operations. The company supports a wide range of EFT operations, carries out instantaneous authorisation on all types of card, performs clearing and settlement, dispute management, ATM driving and ATM monitoring, POS acquirer processing and monitoring, card management and personalisation and many more EFT processing functions. Quipu GmbH processing centre has statuses of TPP and MSP in Visa and MasterCard payment systems.