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January 5, 2010

GlobalCollect Joins PCI Security Standards Council as Newest Participating Organization

GlobalCollect, the world’s premier payment service provider of local e-payments, to participate in key standards setting body protecting payment cardholder data

Amsterdam, The Netherlands — GlobalCollect announced that it has joined the PCI Security Standards Council as a new participating organization.  As a Participating Organization, GlobalCollect will work with the Council to evolve the PCI Data Security Standard (DSS) and other payment card data protection standards. 

The PCI DSS, endorsed by American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., requires merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data integrity.  More information on the council and the standard can be found at www.pcisecuritystandards.org.

As a Participating Organization, GlobalCollect will have access to the latest payment card security standards from the Council, be able to provide feedback on the standards and become part of a growing community that by now includes more than 500 organizations. In an era of increasingly sophisticated attacks on systems, adhering to the PCI DSS represents an entity’s best protection against data criminals.  By joining as a Participating Organization, GlobalCollect is adding its voice to the process.

“The PCI Security Standards Council is committed to helping everyone involved in the payment chain protect consumer payment data,” said Bob Russo, General Manager of the PCI Security Standards Council. “By participating in the standards setting process, GlobalCollect demonstrates they are playing an active part in this important end goal.”

Jan Manten, CEO of GlobalCollect, commented: “We are very pleased to have joined the PCI Security Standards Council as a participating organization. This membership underscores GlobalCollect’s steadfast commitment to employ a broad range of fraud screening measures and lets us play a direct role in the ongoing development of PCI standards.”


About PCI Security Standards Council
The mission of the PCI Security Standards Council is to enhance payment account security by driving education and awareness of PCI security standards. For more information, please visit www.pcisecuritystandards.org

About GlobalCollect
GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Customer Not-Present (CNP) channels such as internet, mail and telephone orders, and specialized in a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online gaming, and digital content.  While most providers limit their services to a technical link with payment acquirers, GlobalCollect is a full service partner consulting clients on how to increase transaction volumes, expand distribution channels, and reduce costs by streamlining back office processes. Through a single-interface online payment platform, we offer access to an unrivalled portfolio of local and international payment methods in over 200 countries, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices. 


Contact PCI Security Standards Council
Ella Nevill
e-mail: enevill@pcisecuritystandards.org

Contact GlobalCollect
Bettina Duske
Manager PR & Marketing Communications
e-mail: press.globalcollect@globalcollect.com

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