Card brands dump Global Payments

Visa asks company to re-validate to PCI standards.

US card brands have dumped breached processor Global Payments from their approved list of Payment Card Industry (PCI)-compliant service providers.

The Atlanta-based firm continued to process transactions for major card brands as it seeks rejoin those lists, it said in an update.

Global Payments stood by its initial estimate that fewer than 1.5 million cards were impacted by the March breach.

But it declined to provide any further details or a timeline of the attack.

"We identified and self-reported the incident in early March, and we will continue to provide information to the appropriate parties as revealed by the investigation," the company said.

A Visa spokesman on Wednesday told SC Magazine it asked Global Payments to re-validate its compliance to PCI by using a qualified security assessor.

Visa dumped Global Payments from its approved list of payments providers in April.

Retailers that used the company's services would not be liable for penalties during that time.

A MasterCard spokesman did not respond to a request for comment.

This article originally appeared at scmagazineus.com

Copyright © SC Magazine, US edition
Card brands dump Global Payments
Company/Organisation
Technology

What are your thoughts on this article? Add your comment below.

To begin commenting right away, you can log in below or register an account if you don't yet have one. Please read our guidelines on commenting. Offending posts will be removed and your access may be suspended. Abusive or obscene language will not be tolerated. The comments below do not necessarily reflect the views or opinions of SC Magazine, Haymarket Media or its employees.

NOTE: You must be a registered member of SC Magazine to post a comment.

Click here to login | Click here to register
comments powered by Disqus
Sign up to receive SC Magazine email newsletters
   FOLLOW US...
Most Read