The Toronto-based IT services and infrastructure provider says it is the first in Canada to meet Visa's Tier 1 certification for a standard designed to protect retail customers from data theft
Retailers accepting Visa payments were supposed to be in compliance nearly two years ago with 12 guidelines specified by the Payment Card Industry, but not even half the mid-sized firms meet the standard
Visa and others want U.S. merchants compliant with the Payment Card Industry Data Security Standard by Sept. 30, but most Canadian companies are still not ready, industry experts say