Middle East Payment Services Company (MEPS) to Partner with PCI Security Standards Council to Improve Payment Data Security Worldwide
Amman/Jordan, February 2013 - Middle East Payment Services (MEPS) - the region’s leading payment Services Company licensed by MasterCard, announced today that it has joined the PCI Security Standards Council as a new Participating Organization. MEPS will work with the Council to achieve and improve payment data security worldwide through the ongoing development of the PCI Security Standards, including the Payment Card Industry Data Security Standard (PCI DSS), PIN Transaction Security (PTS) requirements and the Payment Application Data Security Standard (PA-DSS). Endorsed by American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., the PCI Security Standards require merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data protection. To enhance payment data security globally while embracing new technologies as they are developed, the Council relies on involvement of those across the payments processing chain, from merchants and service providers to payment device manufacturers and software developers, financial institutions and processors. As a Participating Organization, MEPS adds its voice to the standards setting process and will receive previews of drafts of standards and supporting materials in order to provide feedback to shape their final versions, as well as engage a growing community of more than 600 organizations united to improve payment security. MEPS will also have the opportunity to recommend new initiatives for consideration to the PCI Security Standards Council, participate in exclusive webinars and question and answer sessions with Council representatives, and review and discuss new versions of the PCI Security Standards while sharing cross-sector experiences and best practices at the annual Community Meetings. “In an era of increasingly sophisticated attacks on systems, adhering to the PCI DSS represents an entity’s best protection against network security threats and data breaches,” said Bob Russo, General Manager of the PCI Security Standards Council. “By joining as a Participating Organization, MEPS demonstrates they are playing an active part in mitigating the threats and improving the security of the payment chain globally by driving the security standards to higher levels of adoption and strength.” In turn, Dr. Abdul Malik Jaber, CEO of MEPS, commented, “We are pleased to join the PCI Security Standards Council as a Participating Organization. This step will enable us to actively and effectively contribute to ensuring that customers worldwide enjoy peerless payment data security at all times. At MEPS, it is our goal to continually bolster payment security standards in accordance with the latest technologies and industry advancements.” About the PCI Security Standards Council The PCI Security Standards Council is an open, global forum that is responsible for the development, management, education and awareness of the PCI Data Security Standard (PCI DSS) and other standards that increase payment data security. Founded in 2006 by the major payment card brands American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., the Council has more than 600 Participating Organizations representing merchants, banks, processors and vendors worldwide. To learn more about playing a part in securing payment card data globally, please visit: pcisecuritystandards.org.