First Atlantic Commerce Achieves Highest Card Payment Security Standard

by Phillip Morton, Investors Offshore.com

09 April 2009

First Atlantic Commerce (FAC), a Bermuda-based leading international, multi-currency payment gateway and data management solutions provider, announced today that it has once again achieved compliance with the 2009 Payment Card Industry – Data Security Standard (PCI –DSS).

The PCI Security Standards Council’s mission is to enhance payment account data security by driving education and awareness of the PCI Security Standards. The organization was founded by American Express, Discover Financial Services, JCB International, MasterCard Worldwide, and Visa, Inc.

The PCI DSS is a multi-faceted security standard that includes requirements for security management, policies, procedures, network architecture, software design and other critical protective measures.

It 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.

FAC has been a PCI-certified payment gateway and solutions provider since 2005, and one of the first companies in the Latin American Caribbean Region to become fully certified. FAC is also certified for 3-D Secure MPI consumer authentication solutions in Europe, CEMEA and LAC Region.

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