Member Article
Tech entrepreneur consigns telephone fraud to the history books
Gala Technology pick up PCI: 2019 Award for Excellence with a new approach to fraud prevention and scope reduction for remote customer credit card not present transactions.
Gala Technology, the innovative developers behind the cloud based, secure and PCI DSS compliant payment solution SOTpay, were recently toasting another award, this time to recognise real-world examples of excellence in payment security and PCI DSS compliance.
The Yorkshire based technology organisation picked up the PCI: 2019 Award for Excellence January 24th to follow up on their recent ‘Best Use of Technology’ within a contact centre win at the national UKCCF awards in November 2018.
SOTpay eliminates the risk of fraud related charge-backs for businesses, by authenticating Mail Order/ Telephone Order (MOTO) and omni-channel Cardholder Not Present transactions and processing the payment in a PCI compliant manner. The cloud-based technology does not require any additional hardware or amendments to existing telephony or network set up and is Acquirer and payment service provider agnostic, completely negating the need for capital expenditure.
Rotherham-based entrepreneur Jason Mace has spent the last 4 years carefully developing and refining a unique Secure Order Transfer payment system, after his own business Gala Tent fell victim to constant fraud. After spending time looking for existing systems to help reduce his company risk to telephone fraud, he realised there wasn’t a suitable system available… so he invested in developing one.
Jason Mace, founder and Chairman of Gala Technology stated ’We are delighted to be recognised for our work with this award. Our cloud-based solution offers an affordable ‘pay-as-you go’ solution to all merchants of all sizes and enables them to process secure transactions via telephony, web chat and social media platforms in a PCI DSS compliant manner.’
Card payments and PCI DSS subject matter expert, Connie G. Penn, Managing Director of Kilrush Consultancy Ltd added “Gala Technology’s SOTpay product is the first solution I have seen that makes achieving and maintaining PCI DSS compliance, much easier for merchants and also more cost effective in maintaining compliance. My experience so far with SOTpay is a significant reduction in the time, effort and cost of achieving and maintaining PCI DSS compliance.
This was posted in Bdaily's Members' News section by James Lead .
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