OpenWay's Way4 achieves PA-DSS certification

WAY4 from OpenWay has become the first card and merchant management solution ever certified for PA-DSS - Payment Application Data Security Standards. TrustWave, a leading Qualified Security Assessor, completed the audit in 2 months. Banks and processing companies worldwide using WAY4 will find this certificate helpful while passing their own PCI DSS audit.

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PA-DSS consolidate the most effective and time-proven security policies of the major international payment systems - MasterCard, Visa, AmEx, Discover, JCB. From July 2010 PA-DSS non-compliant software will be denied by card industry players. Still, most solutions comply only with the outdated set of standards, Visa's PABP. According to the PCI SSC website, only 11% of payment applications have PA-DSS certificate, and WAY4 is among these leaders.
"PA-DSS impose strict requirements for the solution architecture, software development techniques, quality assurance procedures and many other aspects. Balance between the security requirements and business needs is challenging for any vendor. Since OpenWay has always attached special importance to security, our PA-DSS validation was quick and successful", commented Wim Pardon, Director of OpenWay Belgium.

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A Finextra member 

"From July 2010 PA-DSS non-compliant software will be denied by card industry players." What does that mean, exactly? 

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