In addition to speed and simplicity, businesses and consumers demand that their payments are, above all, made with maximum security.
That's what is asked of those who provide payment solutionsThis is the case with REDUNIQ, which has just been re-certified with PCI-DSS and remains the only PCI-DSS certified acquirer in Portugal.
PCI-DSS certification: what is it and why is it important?
Created in 2006 and managed by an independent organisation, it brings together the main international payment systems, such as:
- Visa Inc.
- MasterCard
- Discover Financial Services
- JCB International
- American Express
PCI-DSS: Meaning
PCI-DSS (Payment Card Industry Data Security Standards) certification is, in practice, an international security standard that guarantees that a particular payment company operates in the market according to the security standards and good practices listed by the supervisory body.
PCI-DSS requirements
To summarise, the PCI-DSS recertification awarded to REDUNIQ defines the security standards that must be adhered to, and which will be regularly audited, at the physical payments (shopping at automatic payment terminals with cards) and in online payments (e-commerce, websites and applications).
Right now you may be wondering why this certification is important.
Well, to begin with, by putting this security standard into practice and adopting the highest standards in terms of security and good practice, REDUNIQ maximises the protection of credit/debit card holders' data in the payments they make, reducing the risk of it being tampered with, falsified or accessed by other people.
In addition, because REDUNIQ works on developing solutions for online payment e face-to-face payment For businesses whose "core" is the sale of products and services to the consumer, it is important that the confidentiality of customer data is ensured at all stages of operations.
This is exactly what complying with PCI-DSS requirements offers, as they will protect cardholder data by ensuring the confidentiality and integrity of sensitive data associated with the use of payment cards, whether it's card or authentication data, during payment.
As well as guaranteeing secure payments and the incorruptibility of customer data, PCI-DSS certification helps companies from the potential adverse financial and reputational consequences that could result from breaching the confidentiality of customer card data.
Greater security and reliability mean that, at the end of the purchase funnel, the number of abandoned trolleys at check-out (finalising the purchase process with payment) is reduced, resulting in more and better face-to-face and online sales.
This is what companies will be able to find at REDUNIQ through physical solutions such as the: REDUNIQ Easy, REDUNIQ Smart e REDUNIQ Softterminals that allow contactless paymentschip, MB WAY and digital wallets (Google Pay and Apple Pay), DCC - Currency Converter, Integrated Payment Solution or through online payment such as REDUNIQ E-Commerce and REDUNIQ@Paymentstwo solutions that meet the requirements of selling via e-commerce with or without a website.
