Vanco Services Completes Annual Security Assessment
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MINNETONKA, Minn., Feb. 13 /PRNewswire/ -- Vanco Services, a leading
provider of electronic payment solutions to the service and nonprofit sectors,
has successfully passed its annual audit as a Payment Card Industry (PCI)
Level 1 Compliant Service Provider.
Tough data security measures are critical in an era when the Federal
Reserve states that electronic transactions now represent more than 2/3rds of
all U.S. non-cash payments. The Payment Card Industry -- an organization whose
founders includes Visa, MasterCard, American Express and Discover Financial
Services -- requires that large volume payment processors verify their
adherence to well-defined security standards through an independent audit that
includes both quarterly network scans and annual onsite assessments.
In a card industry network comprised of millions of organizations, Vanco
Services is one of fewer than 400 large-volume processors designated as a PCI
Level 1 Compliant Service Provider. On its website, Visa maintains the
complete list of Level 1 Compliant Service Providers along with their most
recent validation date and the name of the audit firm that performed the
assessment.
"For thousands of clients, our designation as a PCI Level 1 Compliant
Service Provider is a tangible demonstration of our unwavering commitment to
security and risk management," said Jeanne Spencer Rose, CEO of Vanco
Services, LLC. Processing credit and debit card transactions however, are just
two of the many payment services Vanco offers to a client roster that includes
orthodontic practices, fitness clubs, churches and nonprofit organizations.
Bill Learst, Executive Vice President and Chief Technology Officer is very
impressed with the comprehensive scope of The PCI Data Security Standard
(DSS). According to Learst, "The twelve requirements that form the foundation
of the PCI Data Security Standard are so well conceived that we have taken the
extra step to implement them across our entire line of electronic payment
solutions."
Vanco Services, LLC is a Minnetonka, Minn.-based provider of electronic
payment solutions to businesses and organizations of every size. More than
15,000 clients use Vanco's suite of e.service(R) payment solutions to securely
and efficiently process payments and donations. Learn more at
http://www.VancoServices.com.
Contact:
Casey O'Keefe
Vice President, Marketing
(952) 983-8677
cokeefe@vancoservices.com
http://www.VancoServices.com
This release was issued through eReleases(TM). For more information,
visit http://www.ereleases.com.
SOURCE Vanco Services, LLC
Casey O'Keefe, Vice President, Marketing of Vanco Services, LLC,
+1-952-983-8677, cokeefe@vancoservices.com
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