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TIO meets PCI standards
November 28, 2007
BURNABY, British Columbia — TIO Networks Corp., a leading automated bill payment and financial services network, has announced that it has achieved full compliance to PCI DSS, the Payment Card Industry Data Security Standard, developed to protect sensitive cardholder information and prevent credit card fraud.
PCI DSS was developed globally to ensure merchants and service providers adopt best practices to enhance their payment account security. It was developed in 2004 by the card association, which includes: American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa International.
Being PCI compliant assures that TIO's bill payment and financial services products and solutions are protected by the industry's highest security standards.
"We understand the significance of the relationship between commerce and security and as such have invested heavily to ensure we execute and manage our enterprise in accordance with this leading standard," said Hamed Shahbazi, CEO of TIO Networks Corp.
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