Monext's International Acquiring Platform PCI DSS Certified
Poster: SySAdmin
Posted on November 22, 2011 at 5:21:10 AM
Monext's International Acquiring Platform PCI DSS Certified
AIX-EN-PROVENCE, France, November 22, 2011/PRNewswire/ --
Following the certification of its call centre and its Payline and
Pavavenue payment solutions, Monext has received yet another quality
guarantee. Its international acquiring platform, which enables merchants
based in Europe to manage VISA and MasterCard payments, has just been PCI
DSS certified (Payment Card Industry Data Security Standard). The audit was
carried out by XMCO, a consulting firm for information system security.
Monext thus becomes the first and only French company to have its
international acquiring platform PCI DSS certified.
Merchants reaching beyond borders
Monext, a key player in electronic payment in France and within Europe,
offers a global solution for the acquiring of international bank flows.
Aimed at buyers (i.e. banks, financial institutions, payment institutions)
and their commercial clients (in shops or online), this platform allows them
to manage cross-border payment transactions made using VISA or MasterCard
cards. The platform covers the full value chain: authorisation, remote data
collection, monitoring, calculating merchants' fees, accounting interface,
and remittance of funds through the banking partner. It also offers
multi-currency reporting services, multilingual call centres, European-wide
dispute management, etc.
Monext provides banks with the means to manage the issues involved with
the growth of their merchants' international business, who will only need a
single acquiring bank across all of Europe. In particular BNP PARIBAS and
UNICRE (Portugal), Monext platform clients, are using the system in several
European countries, including France, Austria, Spain, Ireland, Portugal, and
Slovenia.
PCI DSS certification
This certification guarantees maximum-security processing for banking
institutions which outsource their international acquiring services. The
certification meets the international standards established by the PCI
Council organisation, made up of card networks (MasterCard, VISA, American
Express, etc.). It aims to set standards for the secure storage and
manipulation of supplied data.
Frederic Charpentier, of XMCO, explains: "Monext's international
acquiring platform meets the 220 security needs. The certification audit has
therefore been declared successful."
Gilles Ferec, Monext's director of operations, notes: "This
certification, which recognises the quality and reliability of our services,
is another sign of our commitment to banks and their customers. Our
international platform meets the dual requirements of facilitating banking
transactions while continually increasing their security."
About Monext
Monext is a key player in the French electronic payment industry. It is
a pure-play electronic banking company covering the entire value chain. The
business generates an annual turnover of more than EUR 60M and employs 480
associates to manage more than:
1) 6.5 million debit and credit cards
2) 900 million transactions in 2010
3) 100,000 POS terminals
Monext provides innovative transaction solutions, with or without cards,
including electronic payments made at a point of sale, online or via mobile
device, in a manner that is secure, reliable, and immediate. With customers
in the banking, distribution, trade and commerce industries, Monext aims to
become a European leader in a sector that is experiencing strong growth.
http://www.monext.eu
About XMCO
Founded in 2002, XMCO is an independent consultancy firm, specialising
in information systems security and counter-cybercrime. Its core business is
security auditing. The team, made up of 15 technical experts, carries out
more than 10 intrusion tests each month on the computerised environments of
telecoms, banks, insurance companies, and industrial firms. XMCO is also
officially certified by CERT, whose mission consists of monitoring the
emergence of new threats and notifying its clients and providing support
when clients suffer information system intrusions.
http://www.xmco.fr
Press contact
Kable Communication Finance [http://www.kable-cf.com ]
Nolwenn Salauen +33-01-44-50-54-74
Nolwenn.salaun@kable-cf.com
Source: Monext
.
AIX-EN-PROVENCE, France, November 22, 2011/PRNewswire/ --
Following the certification of its call centre and its Payline and
Pavavenue payment solutions, Monext has received yet another quality
guarantee. Its international acquiring platform, which enables merchants
based in Europe to manage VISA and MasterCard payments, has just been PCI
DSS certified (Payment Card Industry Data Security Standard). The audit was
carried out by XMCO, a consulting firm for information system security.
Monext thus becomes the first and only French company to have its
international acquiring platform PCI DSS certified.
Merchants reaching beyond borders
Monext, a key player in electronic payment in France and within Europe,
offers a global solution for the acquiring of international bank flows.
Aimed at buyers (i.e. banks, financial institutions, payment institutions)
and their commercial clients (in shops or online), this platform allows them
to manage cross-border payment transactions made using VISA or MasterCard
cards. The platform covers the full value chain: authorisation, remote data
collection, monitoring, calculating merchants' fees, accounting interface,
and remittance of funds through the banking partner. It also offers
multi-currency reporting services, multilingual call centres, European-wide
dispute management, etc.
Monext provides banks with the means to manage the issues involved with
the growth of their merchants' international business, who will only need a
single acquiring bank across all of Europe. In particular BNP PARIBAS and
UNICRE (Portugal), Monext platform clients, are using the system in several
European countries, including France, Austria, Spain, Ireland, Portugal, and
Slovenia.
PCI DSS certification
This certification guarantees maximum-security processing for banking
institutions which outsource their international acquiring services. The
certification meets the international standards established by the PCI
Council organisation, made up of card networks (MasterCard, VISA, American
Express, etc.). It aims to set standards for the secure storage and
manipulation of supplied data.
Frederic Charpentier, of XMCO, explains: "Monext's international
acquiring platform meets the 220 security needs. The certification audit has
therefore been declared successful."
Gilles Ferec, Monext's director of operations, notes: "This
certification, which recognises the quality and reliability of our services,
is another sign of our commitment to banks and their customers. Our
international platform meets the dual requirements of facilitating banking
transactions while continually increasing their security."
About Monext
Monext is a key player in the French electronic payment industry. It is
a pure-play electronic banking company covering the entire value chain. The
business generates an annual turnover of more than EUR 60M and employs 480
associates to manage more than:
1) 6.5 million debit and credit cards
2) 900 million transactions in 2010
3) 100,000 POS terminals
Monext provides innovative transaction solutions, with or without cards,
including electronic payments made at a point of sale, online or via mobile
device, in a manner that is secure, reliable, and immediate. With customers
in the banking, distribution, trade and commerce industries, Monext aims to
become a European leader in a sector that is experiencing strong growth.
http://www.monext.eu
About XMCO
Founded in 2002, XMCO is an independent consultancy firm, specialising
in information systems security and counter-cybercrime. Its core business is
security auditing. The team, made up of 15 technical experts, carries out
more than 10 intrusion tests each month on the computerised environments of
telecoms, banks, insurance companies, and industrial firms. XMCO is also
officially certified by CERT, whose mission consists of monitoring the
emergence of new threats and notifying its clients and providing support
when clients suffer information system intrusions.
http://www.xmco.fr
Press contact
Kable Communication Finance [http://www.kable-cf.com ]
Nolwenn Salauen +33-01-44-50-54-74
Nolwenn.salaun@kable-cf.com
Source: Monext
.