On December 9, 2024, V5Pay successfully completed the Payment Card Industry Data Security Standard (PCI DSS) 4.0.1 compliance assessment. This assessment, conducted by the globally renowned information security evaluation firm atsec information security, highlights V5Pay’s robust capabilities in payment data security and compliance management. It also marks a significant milestone for V5Pay in advancing global payment industry security standards.
As a leading independent third-party payment service provider, V5Pay places payment security at the core of its mission. This compliance assessment covered V5Pay’s global acquiring services.
V5Pay offers acquiring services for major international card brands, including Visa, Mastercard, American Express, Discover, and JCB, providing merchants with secure and reliable payment gateway solutions. During the certification process, V5Pay fully met the stringent requirements of PCI DSS for protecting payment data:
- Secure data transmission and storage: Account data (such as cardholder name, card number, and expiration date) is protected with strong encryption during transmission and storage to prevent unauthorized access.
- System and network security: Regular security testing, real-time monitoring, and log audits ensure the ongoing reliability of the payment system.
- Authentication and access control: Strict multi-factor authentication mechanisms are implemented to ensure that access to systems and data is limited to authorized personnel only.
- Comprehensive security management policies: V5Pay has established and implemented end-to-end security management protocols for payment data, ensuring both compliance and operational efficiency.
About V5Pay PCI DSS 4.0.1 Compliance
“Achieving PCI DSS compliance is a significant milestone in our efforts to enhance payment security standards,” said Louie, CEO of V5Pay. “This certification is a testament to V5Pay’s technical expertise and execution capabilities in payment security. We remain committed to providing secure and reliable payment services to our global customers and partners. This is not only an achievement but also a solemn promise to the trust of our clients.”
Looking ahead, V5Pay will continue to invest in payment technology innovation and compliance infrastructure, further enhancing service quality to deliver more efficient, secure, and compliant payment solutions for users worldwide.
About V5Pay
V5Pay is a global payment company specializing in internet payment services. It is dedicated to providing merchants with professional, compliant, and secure one-stop local payment solutions. Its business spans over 50 countries and regions across Southeast Asia, the Middle East, Central Asia, Latin America, Africa, Europe, and the United States, supporting more than 200 payment methods and 50 transaction currencies.