Security & Fraud

Sage Pay Inks PCI Data Security Standard Deal

Sage Pay is taking its partnership with a voice services company to a more secure level.

In a press release shared by Finextra, it was announced that the payment services company is expanding with Aeriandi, a secure solutions company that specializes in call recording, by way of a new strategic referral agreement that finds the two firms working together to provide Payment Card Industry Data Security Standard (PCI DSS) compliant payment solutions to customers of both, across a number of verticals, including telecoms, utilities and retail.

The release explains that, per the expanded partnership, Sage Pay will offer Aeriandi’s secure voice payment platform to its customers, while both companies will share skills and technical expertise to help their customers maintain their PCI DSS compliance status on an ongoing basis.

“Aeriandi and Sage Pay’s portfolios of secure voice and eCommerce solutions complement each other extremely well, making this partnership a natural fit,” stated Richard Aldred, business development manager for Sage Pay, in the release. “PCI DSS compliance is a major talking point amongst every customer we speak with, so the ability to offer a highly secure, comprehensive solution covering both eCommerce and voice payments gives us a distinct competitive advantage.”

Also commenting in the press release was Matthew Bryars, founder and CEO of Aeriandi, who remarked: “Sage Pay and Aeriandi have enjoyed a successful working relationship for some time, so we’re pleased to be extending it with this new partner agreement. Both companies share the same philosophy of delivering the best data protection possible through industry-leading products and services, so combining our skills and expertise can only be a win-win for customers.”

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New PYMNTS Report: Preventing Financial Crimes Playbook – July 2020 

Call it the great tug-of-war. Fraudsters are teaming up to form elaborate rings that work in sync to launch account takeovers. Chris Tremont, EVP at Radius Bank, tells PYMNTS that financial institutions (FIs) can beat such highly organized fraudsters at their own game. In the July 2020 Preventing Financial Crimes Playbook, Tremont lays out how.

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