June 19, 2012

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Payment Alliance International Partners with Panoptic Security

Press Release

June 19, 2012

Payment Alliance International (PAI), a leader in electronic payment processing solutions, and Panoptic Security, an award-winning Qualified Security Assessor (QSA) that specializes in Payment Card Industry (PCI) Data Security Standard (DSS) compliance programs, jointly announced they have entered into a strategic partnership to provide PAI merchants with access to an online PCI compliance portal. Panoptic’s ExpertPCI solution has been integrated into the PAI Secure program, PAI’s industry-leading PCI compliance and indemnification program, where participating merchants can now complete their PCI industry-mandated Self-Assessment Questionnaires (SAQs) and Network IP Scans online by using a guided step-by-step SAQ wizard.

“We are very excited about our partnership with Panoptic Security to deliver an even more efficient way for our merchants to become PCI compliant,” stated John J. Leehy, III, president and chief executive officer of Payment Alliance International. “We understand just how critical PCI compliance is in protecting their customers’ card information.” Leehy further stated, “By integrating ExpertPCI into our PAI Secure program, we can offer a truly turnkey package for our merchant customers that includes education on the PCI DSS and how to become compliant, online PCI compliance validation, as well as a level of financial protection from losses that may occur in the event of a security breach.”

The Panoptic Security ExpertPCI solution delivers higher compliance rates than industry averages by simplifying the process, shortening the time for merchants to complete the SAQ, and guiding them through one step at a time. For the third consecutive year, ExpertPCI garnered a Global Excellence Award by Info Security Products Guide for the best PCI solution. “Our solution is second to none in the industry in driving PCI compliance, and we look forward to bringing these benefits to PAI’s customers,” said Matthew Hoffman, Panoptic Security’s chief executive officer.

Through this partnership and enhancements to the PAI Secure program, enrolled PAI merchants can begin validating their PCI compliance in a much more secure and efficient manner than the traditional paper-based SAQ and Network IP Scan process.

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