Von Payments is committed to provide our clients with the highest standards of security and fraud prevention. All transactions processed through Von Payments solutions are guaranteed to fully comply with standards established by the Payment Card Industry Security Standards Council (PCI SSC). By deploying PCI with every transaction, your customers’ personal and sensitive data are fully encrypted, directly protecting you as a merchant to avoid fines and damage to your reputation.
At Von Payments, security is our top-most priority. We achieve this with cutting-edge encryption technology, advanced security & fraud prevention measures, and industry-standard tokenization at every level.
PCI DSS exists to enforce payment industry standards regarding the safe transmission and secure storage of sensitive customer payment data by businesses worldwide. Compliance with the Payment Card Industry Data Security Standard (PCI DSS) is intended to safeguard the private information of cardholders by limiting the possibility of theft, fraud, and data leakage. No matter the volume of transactions, all businesses that handle credit card information must adhere to PCI DSS requirements.
The Payment Card Industry Security Standards Council (PCI DSC) was formed by major credit card associations to ensure strict adherence to industry standards protocols for transmitting and protecting financial transactions. Council members include:
American Express Discover JCB International
Businesses of all sizes run a high risk of breaching card regulations if they don't validate their PCI DSS compliance regularly. This is especially true for startups and other small businesses.
There are trillions of dollars' worth of transactions made annually using credit, debit, and prepaid cards in the United States. Every company that takes these forms of payment must guarantee the safety of their customers' transactions. Every single transaction loses its absolute certainty when a company is not PCI DSS compliant. This not only endangers the company's clientele, but it could also cost the company a lot of money and hurt its reputation.
Card fraud, in which criminals steal cardholder data, is steadily on the rise, and can be extremely costly to legitimate businesses. This kind of data breach is extremely expensive for both companies and customers. Large fines, the possibility of civil action, and substantial reputation damage can result from failing to validate PCI DSS compliance in the event of a data breach. For some, not being PCI DSS compliant means a potential loss of businesses that could lead to bankruptcies.