Property Solutions: Transaction Security

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Transaction Security

Data Security
ResidentPay™ has taken great precautions with the security of data stored in our databases. Multiple firewalls and 256-bit encryption keep safe the sensitive data stored in ResidentPay™ servers. ResidentPay™ servers are protected with security personnel and include protection from fire, seismic, and water disasters 24 hours/day, 365 days/year. Additionally, man traps and biometric readers safeguard against unauthorized access. ResidentPay™ processes all transactions through a CISP-compliant payment gateway.

Secure Socket Layer
ResidentPay™ is certified by the Comodo Group, a leading Internet security specialist that provides next generation E-commerce Security Solutions (e.g., x.509 digital Certificate services, validation services, silicon security, crypto solutions and software security applications). All transactions are secured by SSL (secure sockets layer) encryption to ensure that all services provided by ResidentPay™ are authentic. The Comodo Group provides secure Linux solutions through Trustix and also operates the world`s only website identity assurance infrastructure.

CISP Compliant
ResidentPay™ is in full-compliance with Visa’s Cardholder Information Securty Program (CISP). Since its launch in April 2000, CISP has defined a standard of due care for securing Visa cardholder data, wherever it is located. CISP compliance is mandatory for all entities storing, processing, or transmitting Visa cardholder data.

ResidentPay™ adheres to strict policies for providing the highest level of data security at all times. ResidentPay™ maintains CISP compliance by adhering to all of the following security requirements:

  • Working firewalls
  • Up-to-date security patches
  • Protection of stored data
  • Encryption of public networks
  • Regularly updated anti-virus software
  • Restricted access by "need to know"
  • Unique ID to each person with computer access
  • No vendor-supplied defaults for passwords and security parameters
  • Access tracking to data by unique ID
  • Regularly tested security systems and processes
  • Regularly maintained information security policy
  • Restricted physical access to data
Member FDIC
ResidentPay™ processes every electronic payment through institutions insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC insures deposits in banks and thrift institutions for up to $100,000; identifies, monitors and addresses risks to the deposit insurance funds; and limits the effect on the economy when an insured institution fails.


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