Visa has released new tools and changes, which add value to service providers who store, process, or transmit cardholder data on behalf of merchants or other entities.
For years, Visa has offered service providers the Visa Global Registry of Service Providers, a prestigious list of entities which meet certain criteria and have completed a PCI DSS assessment from a Qualified Security Assessor (QSA).
The registry ensures the merchants that the service providers they are using have met a rigorous standard of security compliance, which in turn helps merchants meet their own PCI DSS and security requirements. To increase the visibility of third party agents, especially merchant agents, and help acquirers comply with third party agent registration requirements, Visa recently eliminated the merchant servicer registration fee.
In the past, identifying an acquiring relationship for sponsorship on the Visa list has also been a hurdle, but Visa launched its Merchant Servicer Self-Identification Program (MSSIP),which helps Merchant Servicers identify acquiring bank relationships to facilitate agent registration.
In addition to the changes to the Global Registry and MSSIP, service providers can also look forward to the Visa Badge and new guidance.
- Visa Badge – Soon, service providers qualifying for the Global Registry can proudly display a logo on their website which verifies their eligibility and links to the registry.
- New Guidance. Visa has published a new flyer to help eCommerce providers, such as those hosting a payment page, providing gateway services or services that support online payments, to better navigate and understand the options. Although it is possible to provide some service to merchants and not be required to participate in the Visa Third Party Agent Registration Program, savvy merchants will increasingly ask, so understanding the program is critical.
In September, Global Registry enhancements went live to feature early PCI DSS v3.2 adopters. In addition, aesthetic changes to the Global Registry website are expected during 2017 to improve website navigation.
These enhancements encourage service providers to increase security and participate in the program, which in turn instills confidence in the merchants that utilize their services. For more information on how your organization can be listed in the Visa Global Registry of Service Providers, contact A-LIGN at [email protected] to speak to one of our security professionals