BEIJING AND CHICAGO (January xx, 2009) – Beijing Shiji Information Technology Co., Ltd (Shenzhen: 002153.SZ), the market leader for hospitality IT solutions in China, has achieved Visa’s Payment Application Best Practice (PABP) for Payment Gateway System (PGS) version 2.5 and 2.6. Trustwave, the leading provider of on-demand data security and payment card industry compliance management solutions to businesses and organizations throughout the world, performed the PABP validation.
Visa’s PABP, which has been transitioned to the PCI Security Standards Council and is now called the Payment Application Data Security Standard (PA-DSS), applies to software vendors who develop payment applications that store, process, or transmit cardholder data as part of authorization or settlement. The annual security review consists of 14 requirements, including protection of card holder data, secure passwords, protection of wireless transmissions, encryption of sensitive traffic over public networks and more.
As the leading system provider for the hospitality industry in China, Beijing Shiji’s PGS v2.5 and v2.6 integrates into hotel property management systems and restaurant point-of-sale systems to connect a merchant to the bank’s host system through a single-use leased line or virtual private network.
To view Beijing Shiji’s compliance on Visa’s Web site, visit www.visa.com/cisp and click on the List of PABP Validated Payment Applications link.
“Validating the security of our payment application will make merchants more comfortable integrating our product to run their operations,” says Li Zhongchu, chairman and president at Beijing Shiji. “In addition, giving merchants a direct, private connection to their credit card processor will further ensure the safety of cardholder data.”
“Data gathered in our forensics investigations show that the hospitality industry can be especially vulnerable to cardholder data theft and so ensuring security at the point-of-sale is important for these merchants,” says Robert J. McCullen, chairman and CEO of Trustwave. “By validating the compliance of their payment application, Beijing Shiji is mitigating the risk for themselves, their partners and the industry.”
About Beijing Shiji Information Technology Co., Ltd
Beijing Shiji Information Technology Co., Ltd (Shiji Information/ 002153.SZ, a public listed company in China A stock market), is the market leader for hospitality IT solutions in China. Built in 1998, Shiji focuses on developing and selling information systems to the hospitality industry . With an enormous investment and a serial of creative business cooperation with international main players in this industry for over 10 years, Shiji has brought forward two revolutionary platforms in China –IP Hotel and CHINAonline. Most of the leading software developed for hotel management in the world has been integrated into ipHotel to be sold , installed and served as one unified system, MICROS Fidelio product suite, Shiji PMS, Shiji Kunlun CRM/LPS/CRS, FOXHIS PMS/CRS, Infrasys POS are all part o fIP Hotel. At present, it has more than 4,500 hotel users in mainland China. CHINAonline is an online distribution and channel management B2B platform for hotel and channel with two-way interface to link the hotel and channel at both ends.
Trustwave is the leading provider of on-demand and subscription-based information security and payment card industry compliance management solutions to businesses and government entities throughout the world. For organizations faced with today’s challenging data security and compliance environment, Trustwave provides a unique approach with comprehensive solutions that include its flagship TrustKeeper® compliance management software and other proprietary security solutions. Trustwave has helped more than 30,000 organizations—ranging from Fortune 500 businesses and large financial institutions to small and medium-sized retailers—manage compliance and secure their network infrastructure, data communications and critical information assets. Trustwave is headquartered in Chicago with offices throughout North America, South America, Europe, Africa, China and Australia. For more information, visit https://www.trustwave.com.