BEIJING, Oct. 29, 2016 /PRNewswire/ -- This week, Chinese cross-border e-commerce marketplace DHgate.com passed the Payment Card Industry Data Security Standard (PCI DSS) annual review for the fifth year in a row, in recognition of the reliability and safety of their payment system. DHgate.com was also the ninth enterprise in China, and the only e-commerce enterprise in China to become Visa QSP verified, and additionally, earlier this year also passed the MasterCard Payment Facilitator, indicating their ability to act as a third party payment service provider for receiving order from foreign cards.
DHgate.com has distinguished itself within the cross border payment arena, possessing a strong risk control and payment system; ensuring safe, quick and convenient online payment for foreign currencies. DHgate.com offers over 30 payment methods, including diversified international payment methods like Visa, MasterCard and American Express, and local payment methods for Singapore, the UK, France, Germany, Russia, Holland, Australia, etc.
The Payment Card Industry Data Security Standard (PCI DSS) annual review is conducted by the PCI Security Standards Council, which according to their website, is a global open body formed to develop, enhance, disseminate, and assist with the understanding of security standards for payment account security. The Council's founding members, American Express, Discover Financial Services, JCB International, MasterCard, and Visa Inc., have agreed to incorporate the PCI Data Security Standard (PCI DSS) as part of the technical requirements for each of their data security compliance programs.
A representative from DHgate.com said: "DHgate.com has passed the annual PCI DSS review five years in a row, which demonstrates our payment system's stability and reliability. Our users' personal information is protected under our top-of-the-line security system. Thus, buyers can use their credit cards to complete transactions, without hesitation." Sellers have also benefitted from this development. "Since buyers' trust in our platform is increasing, in turn, buyers trust our sellers more, leading to more trade between the two parties. Customers then share their experiences with others, bringing more buyers to the platforms, increasing sellers' orders."
DHgate.com is the first to market and the biggest transactional cross-border B2B e-commerce marketplace in China, aiming to provide global buyers with quality products at competitive prices. Founded in 2004, DHgate.com has approximately 10 million global buyers from 230 countries and regions, with 1.4 million global sellers offering 40 million products. DHgate.com's business enables buyers to directly access global manufacturers of the world's top brands with rich product selections. DHgate.com is an all-in-one platform with integrated services for international logistics, cross-border payments, internet financing, etc. DHgate.com's US, UK, Spain, and UAE product distribution warehouses allow for 24 hour delivery and convenient product returns & refunds, bringing great convenience to buyers at http://www.dhgate.com.