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Giftango Achieves PCI Level 1 Certification; Prepares For Open Loop


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Date: July 24 2012

Portland, Ore., July 24, 2012 – Giftango Corporation, the leading international eGift card company redefining the standards of gift cards, today announces their Payment Card Industry (PCI) Level 1 Certification which is the highest and strictest payment security certification in the industry. This achievement reflects Giftango’s strong and continued commitment to customer satisfaction, data security and a step toward the open loop payment landscape.

The PCI Data Security Standard (DSS) is an information security standard for companies who handle credit card information. DSS outlines strict requirements to ensure secure payment and data transmission in order to protect cardholder information. With the rapid increase of online payments and growing concern over credit card fraud, stringent controls around cardholder data are essential to creating secure payment environments customers can place their trust in.
Giftango has a long-standing commitment to security; earning PCI Level 1 Certification acts as an external verification of this commitment, giving partners and customers added confidence that Giftango is a company dedicated to protecting the people it works with.

“Security has always been a top priority at Giftango,” said Leslie Arifin, Chief Information Officer, Giftango. “We actively sought PCI certification because we wanted to push ourselves to maintain the premier requirements in the industry. Achieving PCI Level 1 Certification is an accomplishment that reflects our diligence and integrity.”

Giftango also has an eye toward opportunities in the open loop card space. “The certification opens the door for delivering open loop card data. Our core strengths revolve around successfully delivering digital content for a broad spectrum of merchants across a wide variety of channels,” said David Nelsen, CEO, Giftango. “Our technology, alongside the mobile wallet applications that Google, PayPal, ISIS and others are beginning to launch, is swinging the door open for a digital open loop card to enter the mainstream. We look forward to leading the way with new products that help the merchants and channels we work with engage their customers. This PCI certification is another step in that direction.”

Giftango’s certification was completed by a third-party Quality Security Assessor (QSA) qualified by the PCI Security Standards Council to assess compliance to the current PCI DSS version 2.0 standards. This extensive certification covers all aspects of accepting, storing and transmitting cardholder information.
 
About Giftango
Giftango Corporation, founded in 2005, has redefined gifting with their innovative delivery of digital eGift Cards to email and mobile phones. Merchants utilize the Giftango platform to power e-commerce sales, a wide variety of promotions, and distribution through Channel Partners.
Giftango's Channel Partner solutions give loyalty and incentive companies the ability to add eGift Card fulfillment to their existing user interface for a wide variety of national brands. Giftango is integrated with twenty gift card processors and has patent-pending technology. Giftango delivers digital eGift products across more processors and brands than any competitor in the market. For more information about Giftango, please visit www.giftango.com.