Supporting PayPlum in PCI compliance
PCI compliance for merchants has been revised by the recent launch of a cloud-based solution for securely accepting and transmitting payment card information during online purchase transactions. Layered Tech, a global provider of compliant managed hosting and cloud services, and PayPlum, a creator of products and services to protect and secure sensitive consumer data, have joined forces to implement a solution that enables merchants to securely and compliantly accept sensitive cardholder data.
The PayPlum Enterprise PCI cloud also implements the secure transfer of transaction data to the merchant’s chosen payment gateway. In this solution sensitive cardholder data never touches the merchant’s servers, payments forms, or network, thereby taking them completely out of the scope of PCI compliance and dramatically reducing the associated costs and risks.
Layered Tech hosts the PayPlum private cloud in its PCI-compliant data centers and provides management of the cloud to ensure continuous compliance with PCI DSS requirements.
PayPlum Co-Founder and CEO Greg McGraw said: “Layered Tech’s versatile private cloud offerings, managed compliance services, and commitment to securing data in the most comprehensive and cost-effective way for business clients made them the clear choice for hosting the PayPlum Enterprise PCI compliance cloud.”
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more
