Praxis Tech Secures ISO 27001 Certification Cementing Its Role in Data Security
Praxis Tech Achieves ISO 27001 Certification
Praxis Tech, renowned as a preeminent Payment Orchestration Platform, has recently attained ISO/IEC 27001:2022 certification, a globally recognized benchmark for Information Security Management Systems (ISMS). This certification not only confirms the company's commitment to maintaining the highest standards of data security, reliability, and availability, but it also solidifies its standing as a trustworthy partner for merchants globally.
With a robust Payment Orchestration Platform at its core, Praxis Tech connects merchants with an extensive network of over 600 Payment Service Providers (PSPs) through a single API integration. This seamless connection empowers merchants by optimizing their payment transactions and enhancing overall management practices. By achieving this significant certification, Praxis Tech displays its dedication to addressing and mitigating data risks through top-tier management systems, ultimately ensuring secure transaction handling within stringent protocols.
Guy Karsenti, the Chief Technology Officer at Praxis Tech, commented, "Securing the ISO 27001 certification truly sets Praxis Tech apart as a leader in the Payment Orchestration landscape, especially in industries where security is paramount. It reflects our commitment to security excellence not as a distant goal, but as an integral part of our operational philosophy."
In addition to ISO 27001, Praxis Tech maintains compliance with PCI-DSS Level 1 standards, underlining the company's strong focus on safeguarding payment data. As the ecosystem of payment orchestration continues to evolve, holding both PCI-DSS and ISO 27001 certifications provides merchants with critical criteria to evaluate and select platforms that prioritize enterprise-grade security at all stages.
What's particularly commendable about the ISO 27001 certification is its comprehensive nature, encompassing a wide array of information security practices beyond mere payment processing. The maintenance of this prestigious standard demands ongoing audits and continual improvements, showcasing Praxis Tech's unwavering commitment to enhancing its product offerings and ensuring robust security for merchants.
About Praxis Tech
Praxis Tech has established itself as a leading Payment Orchestration Platform that optimizes payment ecosystems for enterprise merchants operating on a global scale. The company offers seamless access to more than 600 integrated PSPs, supports various payment methods, and caters to multiple currencies. Additionally, it provides services such as PCI DSS tokenization, integrated fraud and risk management solutions in collaboration with Visa's Cybersource, and enhancements for checkout procedures aimed at boosting approval rates through sophisticated routing rules.
This milestone in certification marks yet another step in Praxis Tech's journey towards delivering comprehensive and secure payment solutions, reflecting a forward-thinking approach that resonates within today's digital payment ecosystem.