LONDON| Payza, a leading global online payment platform, today announced it has engaged TRUSTe, the leading online privacy solutions provider, to incorporate the TRUSTe Privacy Seal Program in its Payza websites. The TRUSTe Privacy Seal is recognized and trusted by millions of consumers worldwide and companies are in compliance with ever-evolving and complex online privacy requirements.
“It’s more than just building trust across our platform, it’s about building consumer confidence,” said Payza Executive Vice President Ferhan Patel. “Payza takes its members’ privacy seriously and provides complete transparency with regard to how its members’ information is collected, stored and used; this is paramount to the health of our business. TRUSTe’s ‘Truth in Privacy’ framework is a perfect complement to our ‘Transparency in Security’ process.”
TRUSTe’s Truth in Privacy extends Payza’s mission to ensure consumers are offered increased transparency regarding privacy practices, accessible choices regarding the use of personal information, and ongoing accountability through TRUSTe privacy certification. Mohammad Hashemi, newly appointed Vice President of Product and Business Strategy at Payza, recently described this need for transparency in the October 15 issue of The Paypers.
In addition to increased transparency, Truth in Privacy also enables businesses like Payza to ensure that they are collecting consumer information responsibly and in accordance with current governing laws and regulations.
Payza joins over 5,000 web properties that rely on TRUSTe to align privacy practices with regulatory requirements, including other top companies such as Apple, AT&T, Disney, eBay, HP, Microsoft, Nationwide and Yelp.
TRUSTe is the leading global privacy management solutions provider and offers a broad suite of solutions that enable multinational companies to safely and efficiently handle the customer data powering their online businesses – including advertising, cloud services, mobile applications, and websites. Over 5,000 web properties from top companies like Apple, Disney, eBay, Forbes, HP, and Microsoft rely on TRUSTe to ensure compliance with evolving and complex international privacy requirements. TRUSTe’s mission, based on a “Truth in Privacy” framework, is built on a solid foundation of transparency, choice and accountability regarding the collection and use of personal information. TRUSTe’s privacy seal is recognized and trusted by millions of consumers worldwide as a sign of responsible privacy practices. For additional information on TRUSTe and its offerings, please visit http://www.truste.co.uk.