PCI Security Council Accreditation

Company: Nexpay

Overview:

Nexpay was accepted to become a registered participating organisations of the PCI council of which there are only 161 European companies (and just 750 companies globally) who are registered in the payment industry as a participating organisation.

What is the PCI DSS Participating Organisation registry of service providers?

It was formed by the card schemes (Visa, Mastercard, JCB, Diners, American Express and Discover Network) in the global fight against payment and card fraud.

Acquiring banks, processors, hardware and software developers, and Epos providers are excepted if they commit to stopping payment fraud.

What are the responsibilities of a Participating Organisation?

Each Participating Organisation agrees to be bound by the following obligations and rules of participation.

1. Vote for Participating Organization representatives on the PCI SSC Board of Advisors. Elections shall be at such times and under such policies and procedures as shall from time to time be approved by the Board of Managers of PCI SSC.

2. Nominate a representative to stand for election to the PCI SSC Board of Advisors, pursuant to such policies and procedures as shall from time to time be approved by the Board of Managers of PCI SSC.

3. Comment on drafts of all revisions to the DSS specification, and on any new specifications, prior to public release.

4. Attend any annual Standards Community Meeting to be hosted by PCI SSC.

5. Publicly disclose its status as a PCI SSC Participating Organization.

6. Recommend new initiatives for consideration to PCI SSC.

7. Such other rights as may from time to time be approved and announced by PCI SSC.