Avenues achieve the new Payment Card Industry Data Security Standards 1.1
[author:Davina Public time:Jul 4, 2007] |
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Avenues India became the first Indian payment gateway to achieve the new PCI DSS 1.1 Standards of Compliance. This achievement makes it one of the most secure payment gateways in the world and catapults Avenues into an elite global club of payment gateways whose membership can be counted on your fingertips. This achievement covers all the solutions which are currently live - CCAvenue India for INR processing, CCAvenue World for Multicurrency processing, ResAvenue: the reservation solution for the hospitality industry and EventAvenue: the registration and venue management solution for the MICE vertical.
Payment Card Industry (PCI) Compliance is a set of security standards that were created by the major credit card companies (American Express, Discover Financial Services, JCB, MasterCard Worldwide, and Visa International) to protect their customers from increasing identity theft and security breaches.
Says Vishwas Patel, Founder - CEO of Avenues “We have always strived to go beyond the norm in every aspect of our business. Only then can we bring about significant value addition to our merchants. Achieving the PCI Standards is just another example of how we like to push the envelope that much further here in Avenues.”
Says Seana Pitt, Chairperson, PCI Security Standards Council "Ensuring the security of electronic payments is of paramount importance to all stakeholders, not just the payment brands."
About Avenues
Avenues is a profitable, debt-free company and currently services thousands of eMerchants worldwide through its solutions www.CCAvenue.com, www.ResAvenue.com, www.EventAvenue.com, www.MembersAvenue.com, www.TrustAvenue.com, www.BpoAvenue.com. It is the largest integrated eCommerce solutions provider in South Asia. Avenues has shown revenue growth and profit growth consistently, year on year. Avenues is incorporated in India, and has offices in Singapore, Hong Kong, and USA. The Avenues support and development center is based in Mumbai, India. The total strength of the Avenues team is currently 120 personnel, spanning across all disciplines. For more information, log onto: http://www.Avenues.info.
Printed From:http://www.free-press-release.com/news/200707/1183551344.html
Source:Free Press Release
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