Debit and prepaid card payments processor Metavante Technologies has received Payment Application Best Practice (PABP) certification from Visa for card issuing and transaction acquiring.

According to this certification, Metavante meets the requirements of industry standards for cardholder data security, providing its clients with a platform that adheres to the Payment Card Industry Data Security Standard (PCI DSS).

The qualified security assessor for payment card industry compliance Ambersail managed the audit of Metavante’s Cortex card processing software platform.

Metavante Technologies’ Cortex platform has been created for the banking industry, processing prepaid, debit and credit card-based transactions at all levels of an electronic funds transfer network. Metavante Technologies is part of US-based provider of banking and payments technology Metavante.