Versatile Credit Adds Credit Card Security

Furniture World News Desk on 9/12/2014

Versatile Credit, the leading provider of innovative solutions linking lenders with consumers applying for credit in retail stores, announced that it had achieved the Payment Card Industry Data Security Standard (PCI-DSS) compliance. Versatile Credit is a business unit of Versatile Systems Inc. (TSX Venture Exchange: VV).

PCI-DSS is a highly comprehensive standard for payment card security that assesses security based on a company’s network architecture, software design, security policies and procedures. The standard was developed by the PCI Security Standards Council, a open global forum founded in 2006 by five of the world’s leading payment brands.

“Retailers, lenders and partners working with Versatile can be assured that their data is protected by the most comprehensive security standards,” said Rob Meyer, executive vice president, product and marketing at Versatile Systems. “We are committed to maintaining the highest standards of compliance in order to best serve our retail customers and lender partners.”

Versatile Credit’s ecosystem includes leading lending partners, software and services, stylishly designed hardware and engaging visual content that deliver an exceptional consumer experience driving more credit applications, more approvals and more sales. It offers a perfect solution for retailers with customers needing additional credit to make large retail purchases across a wide range of markets, especially in furniture, flooring, mattress, jewelry, automotive and electronics stores.

About Versatile: Versatile is a multi-disciplinary technology company with solutions across the mobile, digital signage, IT infrastructure, software and hardware landscape. The company’s products are utilized by Fortune 500 companies, leading financial institutions and large and small retail organizations. For more information, visit www.versatilecredit.com