Exceeding compliance requirements & meeting industry highest standards
Rightly so, the payment industry is heavily regulated and monitored. Eazy Collect take these obligations very seriously and have always raised the bar when it comes to maintaining the standards that the industry and our clients demand.
Direct Debit Accreditation - BACS Approved Bureau
Eazy Collect has satisfied the highest level of accreditation that can be designated by BACS, the governing body covering direct debit processing within the payment industry. Conducting business in accordance with the Direct Debit Scheme Rules and the Payment Services Directive (PSD) is at the core of being a BACS Approved Bureau and passing the rigorous inspection process required by BACS. There are four stipulated categories that BACS uses to grant or deny Approved Bureau status and we are proud to publish our inspection results:
Bureau Organisation and Financial Information - Excellent
Physical Security - Good (Measures already implemented to gain "Excellent" status)
Computer Operations - Excellent
Applications and Systems Support - Excellent
Consequently, the bureau inspector commented that "... our facility and setup exceeded that of 95% of the existing Bureau's in the UK (this includes banks, financial institutions and many international blue chip organisations)." Some may conclude that we went overboard with our setup, but in this day and age of data sensitivity, data handling and security we believe it is well worth the investment for the benefit of our clients. Eazy Collect will also shortly become a BACS Affiliate and serve on the panel of this key association body.
Member - BACS Affiliate
BACS Affiliate membership consists of core industry players such as the major bank sponsors, BACS Payment Schemes Limited, VOCA Limited, bank industry associations and key suppliers such as BACS Approved Bureau and Bacstel-IP software providers.
As a member, Eazy Collect is able to participate in decision making that determines the direction and development of the payment industry while being kept abreast of leading edge technologies and BACS compliance requirements. Our membership also allows exclusive access to a range of BACS resources, useful reference materials and templates which we are able to supply to clients enabling them to make the best use of The Direct Debit Scheme.
Member - European Direct Debit Association
The European Direct Debit Association (EDDA) was established in 2005 to promote the views of the payments industry throughout Europe. EDDA provides a platform for its members to share their opinions, debate issues and influence the industry. The association currently boasts more than 17,000 members and expects this figure to exceed 20,000 during the next year. Members include individuals from businesses, banks, clearing and settlement mechanisms and the regulatory bodies that control the industry.
EDDA membership allows Eazy Collect to collaborate with major players and help shape the future of the payment industry through opinions, forums and webinars. Eazy Collect understands the importance of playing an active role within the payment sector to ensure that it's clients are well served and will receive the most up to date information and most recent technology.
PCI Card Industry Data Security Standards (PCIDSS) Compliance
Through Arsenal Security, qualified security assessors on behalf of RBS WorldPay, Eazy Collect maintains SAQ level 2 compliance. As required for Payment Processing agents, Payment Service Providers and Card Merchants has met the stringent qualification criteria for maintaining this important industry compliance.
The PCI Security Standards Council is an open global forum for the ongoing development, enhancement, storage, dissemination and implementation of security standards for account data protection.
The PCI Security Standards Council’s mission is to enhance payment account data security by driving education and awareness of the PCI Security Standards. The organization was founded by American Express, Discover Financial Services, JCB International, MasterCard Worldwide, and Visa, Inc
For further information on PCI Compliance, you can visit on https://www.pcisecuritystandards.org
GlobalSign EV SSL - Highest level encryption for our web based Direct Debit portal Eazy Customer Manager®
Rather than just purchase a cheap SSL certificate from any of the several suppliers available, we have once again taken the extra step of gaining approval and verification from GlobalSign to obtain a EV SSL certificate for our web hosted solution so our clients can be assured that when they login to our web user interface, the site is secure.
PCI DSS Compliance
Eazy Collect Services Ltd.