ASIAPAY LIMITED TO PARTNER WITH PCI SECURITY STANDARDS COUNCIL TO HELP SECURE PAYMENT DATA WORLDWIDE

—As the Council's Newest Associate Participating Organization, AsiaPay Limited to Contribute to The Development of PCI Security Standards—

HONG KONG, Sept. 14, 2023 /PRNewswire/ -- AsiaPay Limited ("AsiaPay"), a leading provider of digital payment solutions in the Asia Pacific region, announced today that it has joined the PCI Security Standards Council (PCI SSC) as a new Associate Participating Organization. AsiaPay will work with the PCI SSC to help secure payment data worldwide through the ongoing development and adoption of the PCI Security Standards.

The PCI SSC leads a global, cross-industry effort to increase payment security by providing flexible, industry-driven, and effective data security standards and programs. Global industry collaboration is critical to this mission. The Council's Participating Organizations program brings together industry leaders to strategize about how to protect payment data from the latest threats and to anticipate the needs of an ever-changing payment ecosystem.

As an Associate Participating Organization, AsiaPay adds its voice to the standards development process and will collaborate with a growing community to improve payment security worldwide. AsiaPay will also have the opportunity to recommend new initiatives for consideration to the PCI Security Standards Council and share cross-sector experiences and best practices at the annual PCI Community Meetings.

"In an era of increasingly sophisticated attacks on systems, PCI Security Standards and resources help organizations secure payment data and prevent, detect and mitigate attacks that can lead to costly data breaches," said Lance Johnson, Executive Director of the PCI Security Standards Council. "By joining as an Associate Participating Organization, AsiaPay has the opportunity to play an active part in improving payment security globally by helping drive awareness and adoption of PCI Security Standards."

"We are glad to join the PCI Security Standards Council (PCI SSC) as a new associate participating organization." Said Joseph Chan, AsiaPay CEO, "AsiaPay takes security seriously and have always committed to upholding strict security standards, including those for payments. As a leading digital payment provider in the industry, AsiaPay is not only looking for our own advancement in security.  We would also like to share our expertise and contribute in promoting a safer and secure payment environment for everyone."

About the PCI Security Standards Council

The PCI Security Standards Council (PCI SSC) leads a global, cross-industry effort to increase payment security by providing industry-driven, flexible and effective data security standards and programs that help businesses detect, mitigate and prevent cyberattacks and breaches. Connect with the PCI SSC on LinkedIn. Join the conversation on Twitter @PCISSC. Subscribe to the PCI Perspectives Blog.

About AsiaPay

Founded in 2000, AsiaPay, a premier electronic payment service and technology solution provider, strives to bring advanced, secure, integrated, and cost-effective electronic payment processing solutions and services to banks, corporations, and e-Businesses in the worldwide market, covering an array of international credit card, debit card, prepaid card, net banking, eWallet, and QR code payment, as well as cash collection.

Headquartered in Hong Kong, AsiaPay also offers its professional ePayment solution consultancy and quality local service support in its 16 offices across the Asia Pacific region including Australia, Thailand, Philippines, Singapore, Malaysia, Mainland China, Taiwan, Vietnam, Indonesia, and India.

For more information, please visit www.asiapay.com.

SOURCE AsiaPay Limited