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Avangate Successfully Completes SSAE 16 And PCI DSS Audits

Avangate Expands Service Delivery and Security Credentials as Customer Commerce Data Compliance Becomes Fundamental to Software and Cloud Services Vendors

Redwood Shores, CA - July 31, 2013 - Avangate, the leading Customer Centric Commerce solution provider trusted by thousands of Software and Cloud Services companies to grow their business worldwide, today announced it has been successfully audited for both the Standards for Attestation Engagements No. 16 (SSAE 16) Type 2 Report and PCI DSS 2.0. Part of its commitment to making online commerce easy and secure, Avangate's SSAE 16 audit ensures consistent and controlled delivery of its services to customers, a regulatory requirement for any public company, while PCI DSS compliance ensures the highest level of data security and acceptance by payment providers.

With the number of global regulations to be met increasing, each of varying complexity, compliance is rapidly becoming a risk management issue and a major cost component for companies. The proliferation of commerce across customer touchpoints and the need to effectively support customer expectations based on personal, payment and usage information only furthers the need for strong governance and compliance. Avangate relieves their clients of the compliance burden, providing huge cost savings, secure and compliant data management, and peace of mind so they can focus on their core competencies and end-user satisfaction.

"Software and Cloud Services businesses are increasingly dealing with security and compliance issues, even as their customers want to know their data is protected," said Cristian Badea, Chief Information Officer, Avangate. "Avangate is responsible for making sure that those businesses are constantly able to transact securely, so that their end-buyers are never compromised. We're proud to achieve PCI DSS 2.0 compliance for the fourth time and to now offer the added comfort of the SSAE 16 Type 2 audit as part of our commitment to supporting an excellent level of service."

The PCI DSS audit was performed by qualified security assessor Endava UK, while the SSAE 16 service delivery assessment was performed by Price Waterhouse Coopers, audit and consulting firm that specializes in integrated compliance solutions.

Avangate successfully demonstrated year over year compliance against the requirements of the Payment Card Industry Data Security Standard version 2.0 and the completion of the rigorous SSAE 16 Type 2 Report proved that Avangate has established strong controls and processes for the delivery of its various commerce services.

Avangate's Enterprise Edition and Standard products along with their payment processing, customer support, and marketing features among others, are all key components of the commerce activities businesses need to transact. As critical operations for customer satisfaction and revenue generation, the assurance of Avangate's operational strength is necessary for its clients around the world.

To learn more about how Avangate can grow your software and SaaS sales, read an overview of the Avangate commerce solutions.