Audit Demonstrates 2CP’s Continued Commitment to Customers for Security, Availability, Processing, Integrity, and Confidentiality
EL SEGUNDO, Calif., June 12, 2018 /PRNewswire-PRWeb/ — 2C Processor USA, LLC(2CP), a leader in payment systems, security, and integration, is pleased to announce the successful completion of our System and Organization Control (SOC) 2 Type 2 examination covering the Transaction Processing System developed by the American Institute of Certified Public Accountants (AICPA).
The SOC 2 Type 2 examination confirms 2CP’s assurance of confidentiality as we strive to keep our clients’ sensitive data secure while operating in accordance with the AICPA trust services and criteria. The SOC 2 standard best meets the demands of the information security and SaaS marketplace, specifically gearing towards SaaS and other technology companies with a focus on the following:
- Processing Integrity
“At 2CP we have always prided ourselves on the security of our advanced payments services using various methods. We invest heavily in encryption and tokenization technology, undergo required PCI audits, and maintain cutting edge accounts receivable payments applications. To further ensure our clients’ information confidentiality, we now submit ourselves to an independent evaluation and detailed testing of our internal controls,” William Barber, CEO of 2C Processor, explains. “2CP has consistently met the requirements of the AICPA’s rigorous SOC 2 standards. In addition, 2CP has incurred the expense and effort associated with a detailed SOC 2 Type 2 examination to further enhance our credibility, meet the requirements of our larger, more sophisticated merchants, and demonstrate the value of our secure payments services.”
Members of Armanino, the largest California-based CPA and consulting firm, completed the SOC 2 audit verifying that 2C Processor’s processes and internal controls are designed appropriately, and operated effectively, to meet all the requirements for the AICPA Security, Availability and Confidentiality criteria.
ABOUT THE COMPANY:
2C Processor (“2CP”), utilizing its proprietary PCI-DSS compliant payment gateway, melds multiple payment network technologies and banking relationships into one streamlined process flow to decrease accounts receivable payments processing costs, increase cash flow by reducing days sales outstanding (“DSO”), and increase operational efficiency for our merchants via end customer self-service and accounting automation.
SOURCE 2C Processor
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