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Avangate Receives Latest PCI DSS Certification to Support Highest Security Standards

Certification Brings Added Transaction Safety Between Software Vendors and Consumers

PCI DSS certificationRedwood Shores, CA - August 21, 2012 - Avangate, the agile eCommerce service provider trusted by thousands of Software and SaaS companies to grow their businesses worldwide through any channel and any model, today announced that the company has obtained another PCI DSS certificate. With the added compliance capabilities, Avangate's customers and their shoppers will benefit from the most advanced security and data-management practices on the market.

A mandatory standard for all banks, processing centers, financial organizations and merchants working with payment brands, the PCI DSS certification reflects the continued evolution of security standards.

"In addressing these access-points for payment card data continuously, PCI DSS compliant businesses such as Avangate achieve effective operations for preventing payment card fraud and data loss. All companies that manage payment card data during any process must meet the stringent information security standards of PCI DSS compliance designed to ensure customer security," explained David Feltham, Principal Information Assurance Consultant & Lead QSA at Endava UK. "Comprised of 12 practices encompassing transaction processes and data storage treatment, PCI DSS compliance stipulates that businesses adhere to strict data encryption methodologies, network and traffic monitoring services, and defined user access privileges to stored data."

Avangate's Avangate Enterprise Edition solution includes industry-leading features that secure credit card data in dynamic transaction environments and in data centers adhering to strict compliance rules. The new Level 1 Certification comes as part of the company's dedication to make global sales for software vendors as simple and as secure as possible. By removing the burden of obtaining PCI compliance, Avangate helps growing companies protect themselves from the reputation and monetary damage that security breaches have on both software vendors and customers.

"Conducting sales online is absolutely imperative for any modern software vendor's success but handling these online transactions could be costly and complex as compliance with credit card security standards must be implemented," explains Cristian Badea, Chief Information Officer at Avangate. "From marketing their products to managing sales and renewals, software vendors look to us for end-to-end solutions that accelerate their online sales and ensure the safety of their consumers. Avangate has a strong security and fraud management history and we continue to maintain these high standards through annual audits and thorough platform scans."

Dedicated to security, Avangate has commissioned continuous internal and external security tests to ensure that the latest threats are addressed. This new certification was generated after the successful completion of a rigorous third-party audit by Endava for Avangate's global offices.

Avangate's Enterprise Edition platform was recognized by the Software & Information Industry Association, CODiE Awards as one of the "Best Electronic Commerce Solutions" in 2012. The company was recently named a Red Herring "Top 100 Europe" technology company as well as one of the AlwaysOn Global 250 Companies to Watch. To learn more about how Avangate can grow your software sales, visit our interactive tour and follow our blog for tips on marketing, channel management, eCommerce and the business of software.

About 2Checkout (now Verifone)

Verifone is a FinTech leader providing valuable end-to-end payment and commerce solutions to the world’s best-known retail brands, major financial institutions, and directly to more than 600,000 merchants. Verifone enables omnichannel commerce, revolutionizing selling for merchants and building personalized, flexible and innovative journeys for shoppers and buyers across the world. 2Checkout is part of Verifone’s eCommerce division, as an all-in-one monetization platform helping clients drive sales growth across online channels. 2Checkout’s digital services, including global payments, subscription billing, merchandising, taxes, compliance and risk, help clients stay focused on innovating their products while delivering exceptional customer experiences.

Get more information at www.2checkout.com

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Adela Dincea

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