PaymetricSecure™

Paymetric has been engaged in company-level security compliance efforts for more than four years now. PaymetricSecure was developed to extend Paymetric’s long-standing commitment to payment card security by formalizing these efforts into a standardized program that creates a security-centric focus for Paymetric’s culture, business practices and products. The program is designed to enhance Paymetric’s internal and external focus on data security through three programs:

• Best Practices
• Security Compliance
• Innovation

Best Practices

Paymetric’s best practices program is designed to incorporate proven processes, tools and partnerships into the Paymetric business processes using the following steps:

• Conduct quarterly audits
• Engage 3rd party advisors
• Form partnerships with security experts (Fishnet, Ambiron, K3DES, Whitehat)
• Develop Corporate Security Framework
• Provide employee training on Corporate Security Framework
• Implement Customer Security Advisory Process
• Create Security Office position and responsibilities

Security Compliance

Paymetric’s security compliance program is designed to keep Paymetric on the leading edge of product-level and company-level compliance within the card industry. Paymetric has been engaged in company-level compliance efforts for more than four years and is in process of achieving compliance standards for the following programs:

• Visa's Cardholder Information Security Program (CISP)
• Payment Card Industry (PCI) Data Security Standard (DSS)
• Payment Application Best Practices (PABP) Security Program
• Data Center Compliance with VISA Standards

Security Innovation Program

Paymetric’s security innovation program is an initiative to develop products and solutions that protect confidential data and reinforce Paymetric’s position as a leader in payment card security, particularly data encryption. As a result of this program, Paymetric has developed the following solutions:

SAP Encryption – a custom solution for encrypting credit card numbers in SAP using RSA Credit Card Number Encryption

XiPay Encryption – a custom solution for encrypting credit card numbers in any database application using RSA Credit Card Number Encryption

Paymetric is continuing to research and develop new security and encryption technologies that will enable organizations to implement PCI compliance standards in a timely and cost effective manner. Paymetric is committed to developing industry-leading security initiatives to protect the integrity of our client’s confidential and sensitive data.