PCI DSS (Payment Card Industry Data Security Standard) is a global payment security standard that sets technical and operational requirements designed to protect payment account data.
Torus provides transaction-level profitability analytics, scheme fee calculations and reconciliation for banks, acquirers and other payment businesses. As the depth of payment analytics increases, so does the responsibility around how the underlying data and technology environment are protected.
PCI DSS compliance adds an internationally recognised security framework to this part of Torus’ technology operations.
“Torus is not a 3-d party processor, payment processing company or payment gateway. We’re just an analytical SaaS platform that requires card transaction data for Scheme fees calculation and merchant or card product level profitability monitoring. As analytics becomes more granular, responsibility for protecting data becomes increasingly in demand among our clients. Now we are one of the few analytical companies on the market that officially complies with industry standards in terms of data protection.” — Sergey Lebedev, Co-Founder and CPO, Torus
For Torus clients, PCI DSS compliance provides additional assurance for third-party security and compliance reviews plus greater confidence in using transaction-level payment analytics.
Torus provides payment profitability analytics for banks, acquirers, PSPs and other payment businesses, including transaction-level scheme fee and interchange calculations, reconciliation and profitability analysis. To date, the Torus platform has analysed more than 4 billion card transactions.
