Avenues PCI Data Security Standard Version 1.1 Certification Renewed
Summary
Avenues successful completion of the PCI DSS 1.1 means that its merchants, hoteliers, event holders and their respective customers can now transact online using our solutions without worries of identity theft and security breaches.Because of these security breaches, the major credit card companies - American Express, Discover, MasterCard and Visa - decided to create regulations to help prevent theft of consumers data.American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa International saw the need to secure payment account data in a globally consistent manner.This comprehensive standard is intended to help organizations proactively protect customer account data.The PCI standards are stringent standards of security that service providers must follow to store, process and transmit cardholder data.Avenues successful completion of the PCI DSS 1.1 means that its merchants, hoteliers, event holders and their respective customers can now transact online using our solutions without worries of identity theft and security breaches.About PCIConsumers have enjoyed using credit and debit cards for many years.However, sophisticated thieves have been able to extract credit and debit card information from unsecured databases and other means.American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa International saw the need to secure payment account data in a globally consistent manner.