Smart Processing Solutions Receives PABP Certification from Visa for their Smart Processing Suite™

10 November 2008

Smart Processing Solutions Inc. (SPS), a leading provider of electronic financial transaction processing and switching software solution, is pleased to announce that their Smart Processing Suite™ has been validated by Visa’s Payment Application Best Practices (PABP).

PABP applies to software vendors who develop payment applications that store, process or transmit cardholder data as part of authorization or settlement. The goal of the PABP is to assist software vendors in creating secure payment applications, minimizing the potential for any security breaches and misuse of cardholder data.

This validation is the result of a rigorous assessment process, which successfully demonstrates Smart Processing Solutions continual commitment to develop secure and reliable payment applications.

"Successful completion of the Payment Application Best Practices assessment reinforces our commitment to meeting this industry's stringent security requirements" stated Mischa Weisz, President and CEO of Smart Processing Solutions Inc. "Developing secure, effective and proven software for our customers is the foundation of our solution"

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