PCI Compliance Level 1 is one of four PCI merchant compliance levels and two service provider levels established to protect the security of credit card data and cardholder data, in e-commerce transactions as well as those conducted in-store.
In the case of VISA payment cards, the Payment Card Industry Data Security Standard (PCI DSS) defines a “Level 1” merchant as one that processes at least 6 million transactions per year. It is the highest, and most stringent, of all PCI DSS levels.
To comply with PCI DSS, for example, Level 1 Merchants and Service Providers must attain a yearly Report on Compliance from a Qualified Security Assessor (QSA) or Internal Security Assessor after an onsite audit.
As part of its global commitment to protecting end-user data, Enigmatic Smile has now achieved all necessary conditions to become a PCI DSS Level 1 Service Provider.
Advantio, one of Europe’s most well-known QSA providers has assisted Enigmatic Smile in achieving this fabulous milestone.
Marco Borza, Advantio’s CEO said “Advantio was delighted to be selected by Enigmatic Smile to handle its PCI Compliance needs. When our team first spoke with the management team at Enigmatic Smile we were immediately drawn by their vision, but moreover, the professionalism and seriousness with which they approached the subject of data security. Advantio is committed to helping our clients achieve their ambitions – compliantly. We feel that Enigmatic Smile and the Vow project have a chance to redefine rewards and we wish them every success.”
Barry Helfrich CIO at Enigmatic Smile said, “At Enigmatic Smile, we act as a strategic and managerial point of convergence for four powerful technologies; technologies that aim to defragment and decentralize the global payment-linked rewards industry. It is vital that every detail of our technology is compliant and best of breed at all times. Working with Advantio has been a pleasure and I would recommend them to any serious fintech company.”
Bish Smeir, Director at Enigmatic Smile and Vow Currency added, “More and more businesses around the world are discovering the clear advantages of working with our team. In achieving PCI Service Provider Level 1 we’ve given them one more reason to do so. Merchants save up to 80% of their rewards budgets working with us, but now they will do so in the knowledge that they are enjoying best-in-breed security 365 days a year. I’d like to thank Barry and his team for their hard work and everyone at Advantio for their incredible service and support.”
Established in 2009, Advantio offers a comprehensive portfolio of professional, managed, advisory, and security testing services. Our subject matter expertise and services focus on cybersecurity, data protection, risk, and compliance with a distinct specialization in the ‘Payment Card Industry.’
We believe that for your organization to compete and grow in a rapidly evolving environment, investing in the right partner and technology is crucial to help you focus better on your core business. Our team works tirelessly to help you achieve, maintain, and demonstrate compliance against the most demanding cybersecurity standards and regulatory frameworks on time and on budget. Want to know more? Feel free to get in touch with one of our experts.