Allied Wallet has today become one of the 45 approved Visa Merchant Agents
Visa Europe announced that after 31 December 2012 banks should only
allow their merchants to use Merchant agents that have been registered
with Visa Europe, to ensure that agents comply with appropriate
standards of security and acceptable business practice. The term
'agent' can include any entity that provides payment or payment related
services to merchants (wallet providers, payment processors, shopping
carts, web hosting companies etc)
From 1 Jan 2013, banks must either move their merchants from existing
agents to ones that have been listed, or terminate the merchant's
processing contract. Failure to do so may incur penalties from Visa
It is estimated that there are anything up to 6000 agents providing
services for merchants in Europe. Currently only 45 (including Allied
Wallet) have been registered by Visa Europe. The list of approved VISA MERCHANTS
was created by Visa Europe to serve the main purpose of encouraging
online retailers to improve data risk management and become more aware
and protected against online fraud and data compromises. Agents that do
not comply to these regulations risk losing the ability to process any
Visa payments on their websites.
Already PCI DSS Level 1 Certified for two years running, Allied wallet
are proud to be registered on Visa Europe’s list of Merchant Agents.
Andy Khawaja, CEO of Allied Wallet said “ This registration, combined
with our PCI DSS Compliance, demonstrates Allied Wallet's commitment to
the security and reputation of all its partners (banks, merchants,
resellers). At Allied Wallet we provide leading edge services, security
and value and are very happy to now receive recognition from Visa
Europe. We will continue to provide and maintain the highest security
Allied Wallet continues to revolutionize the e-commerce industry by
introducing new and innovative payment processing solutions for online
merchants, enabling them to send and receive international payments.
With PCI compliant merchant services for nearly any business size,
Allied Wallet provides a state-of-the-art payment gateway to optimize
online transactions. Please visit www.alliedwallet.com for more information.