The SofTrek Corporation (www.softrek.com ) has recently released a credit card vaulting service that is a cost effective way for a nonprofit organization to be compliant with PCI requirements. It is an on demand hosted solution that allows any size nonprofit organization to store sensitive payment off premises. SofTrek also offers a complete line of software designed specifically for nonprofit organizations, including Pledgemaker, an Online Marketing Suite and ClearView.
In Use
SofTrek Credit Card Vaulting Service is a secure and safe way for a nonprofit organization to be compliant with Payment Card Industry (PCI) Standard regulations. These regulations have specific security requirements for storing and handling credit card data. SofTrek’s data vaulting solution eliminates the burden of becoming PCI certified. All credit card information is sent fully encrypted via the Internet to the PCI compliant data center.
Technology employed
This service is an on demand hosted solution that eliminates the need to store sensitive information on site. There is no hardware or software to install or purchased. The only requirement is Internet access.
Ease of use, configuration, and deployment
The SofTrek Credit Card Vaulting Service is easy to use. It is an on-demand hosted solution. The experts at SofTrek will provide full implementation, training and assistance in setting up the service for your specific needs.
Recap
SofTrek Corporation is a major provider of online fundraising solutions and donor software specifically designed for nonprofit organizations. Their newly released Credit Card Vaulting Service was designed to make it easy for nonprofit organizations to comply with PCI requirements. It is a hosted solution which means there is no need for the nonprofit organization to store sensitive payment information in house.
Pricing varies depending on the size of your organization and how often you use the service. The company also has Credit Card Processing and data import/export services.
Advantages
- PCI Compliant
- Hosted Solution
- User Friendly
Disadvantages
- Additional software or services may increase the initial cost of the solution.
My Opinion
The SofTrek Credit Card Vaulting Service is the perfect solution for all types of nonprofit organizations that accept or process payment cards. It takes the hassle out of making sure your organization is PCI Compliant. The service is set up to be available on-demand. It is user friendly and all sensitive information is stored in a secure PCI Level 2 compliant data vault. I would recommend this service for all sizes and types of nonprofit organizations that accepts credit cards
