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Payment Card Industry Security Standards
Council Unveils New Standards
Allied Wallet
Introduction
With a reputation for providing secure transaction processing services for
merchants, financial institutions, and consumers, Allied Wallet has grown to
accommodate 150 million worldwide users. Adhering to the highest level of
security in payment, Allied Wallet complies with Payment Card Industry Data
Security Standard (PCI DSS) Level 1.
In January 2019, the PCI Security Standards Council released new
requirements for the secure design and development of payment software.
Developed with the input of a task force of payment industry professionals,
the new standards apply the latest software security technology to protect
the integrity and confidentiality of payment transactions and data.
The organization’s new PCI Software Security Framework features a
revamped validation program for software vendors and products, as well as
a new qualification program for Qualified Security Assessors, who conduct
annual reviews of processors with PCI Level 1 status. The new standards will
have a gradual implementation period before they eventually replace the
current PA-DSS standards when they are retired in 2022.

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Allied Wallet Adds New Payment Options to Expand Services in Malaysia

  • 1. Payment Card Industry Security Standards Council Unveils New Standards Allied Wallet
  • 2. Introduction With a reputation for providing secure transaction processing services for merchants, financial institutions, and consumers, Allied Wallet has grown to accommodate 150 million worldwide users. Adhering to the highest level of security in payment, Allied Wallet complies with Payment Card Industry Data Security Standard (PCI DSS) Level 1. In January 2019, the PCI Security Standards Council released new requirements for the secure design and development of payment software. Developed with the input of a task force of payment industry professionals, the new standards apply the latest software security technology to protect the integrity and confidentiality of payment transactions and data. The organization’s new PCI Software Security Framework features a revamped validation program for software vendors and products, as well as a new qualification program for Qualified Security Assessors, who conduct annual reviews of processors with PCI Level 1 status. The new standards will have a gradual implementation period before they eventually replace the current PA-DSS standards when they are retired in 2022.