Azerbaijan, Baku, March 14 / Trend, N.Ismayilova /
The Processing Center "MilliKart" has successfully certified for compliance with the Payment Card Industry Data Security Standards (PCI DSS), the Processing Center said.
Thereby "MilliKart" becomes the first Card Processing Center in Azerbaijan passed such kind of certification.
Audit was conducted by the Qualified Security Assessor in the payment card industry PCI QSA, which provides certification for compliance with security standards established by VISA, MasterCard, American Express, Discover and JCB.
PCI DSS Standards are designed to increase overall level of card data security.
Milli Kart was established July 14, 2006 after 18 commercial banks redeemed a card payment processing center from the CBA. At present, the minimum participation of banks in the center's capital is one percent and the maximum figure is 10 percent. The Milli Kart system serves 12 banks.
The founders of the center are Atabank, Demirbank, AzerTurkbank, Bank of Baku, Azerbaijan Senayye Bankasi, Debutbank, Amrahbank, Xalq Bank, Credo Bank, Access Bank, ParaBank, RabitaBank, Bank Respublika, Bank Standard, Texnika Bank, Turan Bank, UniBank and Zamin Bank . Milli Kart was founded with a capital of 4 million manat.
The official exchange rate is 0.7933 manat to $1 on March 14.