Anaheim, CA - December 15, 2008 - Nodus Technologies, Inc. (www.nodus.com), a leading electronic payment solution provider is pleased to announce the completion of VISA PABP 2008 certification for their Credit Card Advantage product line, the leading integrated credit card payment application software platform in Microsoft Dynamics GP market.
"Achieving PABP certification is yet another way that Nodus demonstrates our commitment to our customers," said Donte Kim, CEO of Nodus Technologies, Inc. "Payment Application Best Practices certification is third party validation of the security, reliability and performance of our product line. It verifies that our applications meet the most stringent standards for payment applications and on-line credit card security. The end result is that our customers can quickly and easily meet merchant requirements and achieve PCI compliance."
The Nodus credit card payment platform is the only integrated credit card payment solution with Microsoft Dynamics GP to have completed the Visa PABP Certification.
"We're very proud of our team's accomplishments and continue to work behind the scenes to provide the most secure and easy to use electronic payment platform available for the Microsoft Dynamics market."
About Visa Security Mandates
Visa developed the Payment Application Best Practices (PABP) specifications as part of the CISP/PCI compliance program. The program:
||Assists software vendors in creating secure payment applications that help merchants and agents mitigate security compromises.
||Prevents storage of sensitive cardholder data that otherwise might suffer unauthorized access from hackers.
||Supports compliance with the PCI Data Security Standard (PCI-DSS).
Starting October 1, 2008, Visa began requiring their merchants who use payment application software to adhere to Visa's Payment Application Best Practices (PABP).
PABP Required for Merchant Accounts
Merchant account providers will NOT ISSUE MERCHANT ACCOUNTS to any company using application software that is not PABP certified. Companies that use an uncertified credit card payment solution may be unable to get a merchant account or may be forced to pay higher rates.
Merchant PCI Requirements
PCI Compliance is no longer optional, or "nice to have" feature for businesses accepting credit card payments. All merchants must be in compliance with PCI or risk being subject to hefty fines. For more information regarding PCI compliance, please visit the Nodus website at http://www.nodus.com/pci_compliance.html or visit the Visa website at http://usa.visa.com/merchants/risk_management/cisp_merchants.html
About Nodus Technologies, Inc.
Nodus Technologies, Inc. is a leading provider of electronic payment and business process automation software for small and mid-size companies. Nodus leverages Service Oriented Architecture and web services technologies to provide cost effective, comprehensive: e-commerce, electronic payments and retail management solutions for Microsoft Dynamics® ERP. Please visit www.nodus.com for more information on Nodus® business solutions - eStore Solution Stack, ePay Advantage, Credit Card Advantage, Retail Advantage, and other products and services.
For more information, contact: Peter Wong.