News from the Wire

Monetra receives newest PCI security validation

Tuesday, August 31, 2021 — 12:27:54 (EDT)

GAINESVILLE, FL --Aug. 31, 2021-- Monetra Technologies announces that it has received validation under the Payment Card Industry’s (PCI) new Secure Lifecycle (Secure SLC) standard. The Secure SLC standard is part of the PCI Software Security Framework, which includes a validation program for software vendors and their software products and a qualification program for assessors that will replace the older Payment Application Data Security Standard (PA-DSS) when it is retired in 2022. Monetra Technologies, an i3 Verticals® company, is the first independent software vendor to receive Secure SLC validation.

According to the PCI Software Security Council, the new Software Security Framework expands beyond the scope of the PA-DSS to address overall software security resiliency for modern payment software. The framework outlines security requirements and assessment procedures for software vendors to validate how they properly manage the security of payment software throughout the entire software lifecycle.

Monetra Technologies produces the Monetra payment gateway software used by many independent payment gateway operators, which also powers Monetra Technologies’ own TranSafe® payment gateway service. Built for high availability and security, the TranSafe® payment gateway service is deployed in multiple high-security data centers, in separate geographic locations, with real-time data replication between sites to ensure non-stop performance.

Darryl Wright, CEO of Monetra Technologies, commented, “We at Monetra Technologies are very proud of our Secure SLC listing as it underscores our commitment to ensuring the security of our solutions at every step of the software development process.”

About Monetra Technologies

Based in Gainesville, Florida, Monetra Technologies, an i3 Verticals® company, specializes in the design and development of advanced electronic payment systems. For over a decade, Monetra Technologies has been delivering state-of-the-art electronic payment processing solutions to large format retailers, government entities, hospitality chains, systems developers and small merchants. These solutions allow users to quickly and securely process electronic payments at a low cost.

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Source: Company press release.