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Webinar for merchants hosted by VeriFone and MasterCard

VeriFone : 01 April, 2009  (New Product)
VeriFone has joined MasterCard in producing webinars for merchants on compliance to Payment Card Industry regulations
VeriFone Holdings and MasterCard Worldwide have announced a new online seminar for merchants to help them optimize their business through managing fraud and reputational risk.

The new seminar, "Payment Application Vendors and PA-DSS," expands MasterCard's PCI Merchant Education Program, an initiative offered to MasterCard acquiring bank customers to provide practical assistance in educating merchants and encouraging broader adoption of the Payment Card Industry Data Security Standard (PCI DSS).

"Collaborating with MasterCard in the distribution and promotion of this seminar allows us to reach a large audience of critical stakeholders with an on-demand, easy-to-access format," said VeriFone Chief Security Officer Dave Faoro, the session presenter.

The online seminar describes PA-DSS (Payment Application Data Security Standard) and its effects on the multiple parties involved, including application vendors, merchants and resellers. Listeners find out what types of applications are affected and how they affect PCI DSS compliance. The webinar also covers the risks involved with not being compliant, and talks though steps merchants can take to help achieve compliance today.

Since its inception, more than 2,670 registered acquiring banks and merchants have viewed MasterCard's PCI Merchant Education Program online training modules more than 5,900 times. This seminar is one of three new seminars added this year, creating a total of 16 Web-based modules featuring actionable advice from MasterCard and industry experts.

The PCI DSS sets forth requirements for enhancing payment account data security. The standard-which was developed by MasterCard and the other founding payment brands that comprise the PCI Security Standards Council-is intended to help companies safeguard payment account data. More information on the PCI Merchant Education Program and other ongoing MasterCard security initiatives can be found online or merchants may contact their MasterCard SDP representative.

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