Praxis Tech Achieves ISO 27001 Certification for Information Security Excellence

In a significant milestone, Praxis Tech, a renowned platform specializing in payment orchestration, has announced that it has successfully obtained the ISO/IEC 27001:2022 certification. This esteemed global standard for information security management systems (ISMS) underscores the company's dedication to maintaining the highest levels of data security, availability, and reliability throughout its operations.

The certification is not merely an accolade but a testament to Praxis Tech's rigorous data management practices. By aligning its processes with internationally recognized standards, the platform assures merchants that their data is handled with extreme care and adheres to strict protocols verified by an accredited body.

Guy Karsenti, the Chief Technology Officer at Praxis Tech, expressed enthusiasm over the achievement, stating, "Receiving the ISO 27001 certification places Praxis Tech at the forefront of accredited payment orchestration platforms in our core industries. It reinforces our position as a trusted leader for merchants seeking absolute confidence in the security of their information. This accomplishment reflects our commitment to making security excellence an integral part of our operational ethos."

Praxis Tech's platform connects merchants to over 600 payment service providers (PSPs) worldwide through a single API integration, optimizing their payment processes. The ISO certification exemplifies the company's systematic management of data risks, employing best-in-class systems to protect sensitive information. It assures merchants that comprehensive measures are in place to guarantee secure transaction management under Sacramento environmental protocols.

Moreover, this certification complements Praxis Tech’s existing data compliance credentials, such as its adherence to PCI-DSS Level 1, which further reinforces its commitment to safeguarding card payment data. In an evolving payment orchestration market, the combination of PCI-DSS and ISO 27001 certifications provides critical benchmarks for merchants looking to select platforms that offer enterprise-level security across all dimensions of their transactions.

The ISO 27001 certification extends beyond payment standards to provide comprehensive accreditation covering all aspects of information security practices. Maintenance of this standard requires ongoing audits and continuous improvements, reflecting Praxis Tech's relentless pursuit of enhancing its product offerings for merchants. This pivotal certification not only serves as a framework for best practices but also signifies the company’s steadfast resolve to adapt to the dynamic landscape of data security.

About Praxis Tech


Praxis Tech is at the forefront of payment orchestration, providing a leading platform that accelerates payment infrastructure for business merchants operating on a global scale. The company offers instant access to over 600 pre-integrated PSPs, a wide array of payment methods, and multi-currency support. Its services also include PCI DSS tokenization, integrated fraud and risk management solutions with Cybersource from Visa, and advanced routing rules designed to improve approval rates and address declined transactions efficiently.

With its new ISO certification and a sturdy foundation of existing security standards, Praxis Tech is poised to enhance its reputation as a pioneering force in payment processing while ensuring the highest safeguarding measures for businesses around the world.

Topics Financial Services & Investing)

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