With the vast amount of transactions RentPayment processes, it is imperative to uphold the premium level of security and service we offer our customers. In today’s global economy, organizations need to have adequate controls and safeguards when hosting or processing financial transactions. Payment processors who do not meet guidelines may expose property management companies and their renters to risk and fraud. To maintain superior data protection and control, RentPayment completes regular audits and certifications to ensure we are providing the most secure service to you and your renters.

PCI Compliance

The Payment Card Industry Data Security Standard (PCI DSS) is a worldwide information security standard. In order to attain PCI compliant status, RentPayment is required to pass a multitude of tests and security provisions. This annual audit ensures that RentPayment meets ever increasing data security controls to help prevent fraud and risk with card holder information. The core requirements to PCI compliance include: building a secure network, cardholder data protection, maintaining a security management program, access control measures, and regular testing of the network. RentPayment has just passed it’s most recent PCI audit, along with numerous audits in the past, attesting to how seriously we take security when it comes to our customers’ information.

SAS 70 Type II (Statement on Auditing Standards No. 70: Service Organizations)
SAS 70 is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). Passing this in-depth audit establishes that RentPayment has developed control objectives for significant areas of internal control concerning engineering, operations, information technology and payment processing. The control objectives in the 2010 report addressed the following areas: Control Operations, Information Security, Application Change Control, Data Communications, Client Setup & Maintenance, and Payment Processing & Gateways.

White Paper
Educating and familiarizing yourself with industry standards is important to ensure your payment processor is providing a secure service and mitigating risk. RentPayment has produced a white paper to help inform our customers and partners about these significant data security regulations. After reading this paper you will have a better understanding of PCI compliance, SAS 70 audit standards, SSL data encryption, and the major rules set forth by Visa and MasterCard.

Feel free to share this white paper with your industry associates.
Click Here to Read White Paper