Online payment processor PayEase has achieved compliance validation with the Payment Card Industry Data Security Standard (PCI DSS) with the help of Trustwave.

To validate compliance with the PCI DSS, PayEase engaged Trustwave to demonstrate compliance with 12 very stringent security requirements of the credit card brands, submitting to a rigorous review of its IT environment and information security policies and procedures. As a Level 1 processor, PayEase also enrolled in Trustwave’s TrustKeeper® – an on-demand compliance management tool that supports on-going compliance including the required quarterly network vulnerability scans.

Established in 1999, PayEase is one of the first payment service providers in China, has conformed to the global ISO 270001 Information Security Management System Standard and ISO 9001 Quality Management System Standard since 2005, and has been honored as a 2006 Red Herring Asia 100 Winner.

Through relationships with national banks in China, the PayEase payment platform facilitates payments among merchants and unifies functionality through a single interface. PayEase’s secured platform provides a unified solution that covers various channels of payment such as Internet, mobile phone, POS, call centers, and E-wallet. In addition, PayEase supports almost all types of bank debit cards issued in mainland China and four international credit cards (VISA, MasterCard, American Express and JCB). Additionally, PayEase offers tailor-made Customer Loyalty Programs (CLPs) to its clients, enhancing their ability to build loyal customer relationships.

In July, International Payment Solutions (IPS), another major online payment service provider in mainland China also selected Trustwave to validate compliance with the PCI DSS.