ATLANTA – CRE Secure, a cloud-based service that lets merchants achieve full PCI DSS (Payment Card Industry Data Security Standards) compliance relative to their processing of card payments online, has raised more than $3.18 million in funding from Total Technology Ventures, Miller Capital Partners I and several angel investors.
Greg McGraw CEO of CRE Secure Payments, said, “Not only does CRE’s service enable online merchants to comply with PCI DSS without having to incur the costs and burdens associated with obtaining PCI certification, it provides an efficient and elegant means of protecting their customers at the point of payment through a fully compliant service that visually blends with the rest of their website.”
The company stands to benefit from requirements to increase online credit card and payments security that go into effect in October.
Using the company’s technology, online consumers are redirected to CRE Secure’s hosted payment platform through a window seamlessly mirrored from within the merchant’s web site.
Since visually, consumers feel like they never leave the merchant’s site, online merchants are able to maintain greater levels of branding continuity and security for their customers when processing ‘card not present’ transactions, the company says.
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