Follow on Google News
News By Tag
* Real Estate
* Utility Management
* Energy Management
* National Multi Housing Council
* Payment Card Industry
* More Tags...
News By Location
Follow on Google News
NWP Services Corporation Validates Compliance with the Payment Card Industry (PCI)
Company Certified as Level 1 Service Provider
PCI DSS is the payment card industry security requirement for entities that store, process or transmit cardholder data, and has been endorsed by all the major card brands. Founded by American Express®, Discover® Financial Services, JCB, MasterCard® Worldwide, and Visa® Inc, the PCI Security Standards Council is an independent body formed to develop, enhance, disseminate and assist with implementation of security standards for payment account security. NWP is one of the first multifamily billing service providers in the U.S. to achieve PCI DSS compliance.
“Our clients trust us with their residents’ most precious data, their personal credit card information,”
Identity theft and the tools to prevent it are among the hottest topics for apartment communities which accept credit card transactions online. That means ensuring that cardholder data is secured at all times, both to protect residents and to safeguard against damage to property management company’s brand equity and public reputations.
“Identity theft, privacy and payment fraud are critical concerns for property managers and residents," said Rob Grable, security officer for NWP. "Companies that comply with the PCI DSS are protecting the security and integrity of sensitive data and protecting themselves from large fines and losses. Properties who select NWP can have the confidence that their e-commerce platform is compliant with established security best practices through the PCI certification,"
To maintain compliance with the PCI DSS, NWP has enrolled in Trustwave’s on-demand compliance management solution, TrustKeeper®
“For businesses – especially those in the financial services industry – it’s critical that customer data is secure at all times,” says Robert J. McCullen, chairman and CEO of Trustwave. “Validating compliance with the PCI DSS will help ensure safe and secure financial transaction processing by those organizations that engage NWP.”
About NWP Services Corporation:
About Trustwave: Trustwave is the leading provider of on-demand and subscription-
# # #
NWP provides financial transaction processing services for the multifamily industry. NWP is a recognized leader in service quality for resident billing, resident payment processing and utility management services.