Home News & events Press Releases 2008 MSCC is first to receive Level One PCI Data Security Standard Certification

 

MSCC-LogoMediterranean Smart Cards Company (Cairo, Egypt), the leading smart card processing centre in Africa, built on TranzWare products from Compass Plus, has become the first Egyptian company in its field to receive Level One PCI Data Security Standard Certification.

Achieving compliance with the PCI DSS certifies that MSCC, and the full range of TranzWare products from Compass Plus that it utilises, commit to meeting the highest standards of data security and are proactively protecting themselves, their customers and the overall payment system against the threat of security compromises. This compliance enhances and strengthens MSCC's position as a visible leader in the card processing industry marking a significant milestone for the company.

Trustwave, a leading provider of information security and compliance management solutions, was hired to perform all of the checks and analysis in order to validate PCI DSS compliance.

"Mediterranean Smart Cards Company is extremely proud to reach the milestone of achieving PCI DSS compliance validation and we hope to continue to be a leader in the industry, particularly in relation to such important issues like that of data security", said Hoda Shoukry, Managing Director of MSCC. "Achieving PCI DSS compliance is not only a critical step in providing the highest level of service to our clients, but it clearly demonstrates our commitment to delivering the most comprehensive and secure processing platform in the market."

PCI DSS is the payment card industry security requirement for organisations that store, process, or transmit cardholder data which is being endorsed by all major card brands: Visa Inc., MasterCard Worldwide, Discover Network, American Express and JCB, demonstrating rigorous efforts of the payment industry to tackle the important issue of security.

MSCC has been running its processing centre on Compass Plus TranzWare applications since Compass Plus since 2006, offering processing services to over 50 banks across Central and Eastern Europe, the Middle East and Africa.

MSCC is an Egyptian joint-venture company, offering one of the most sophisticated smart card processing environments to more than 50 banks across Central and Eastern Europe, the Middle East and Africa. MSCC supports multiple schemes across stored-value, pre-paid, debit and credit products, using the latest processing technologies. Specifically, MSCC has established competencies in Chip, Chip-cards, EMV and smartcards. With core services to support card issuing, together with ATM and POS acquiring, MSCC can provide full access to the rapidly evolving global payment systems environment. In addition, the company is strategically positioned to provide complete private label or national card schemes as a one stop shop without the complexity of involving multiple suppliers and systems.
www.mscc.com.eg