About YESPayments™
YESpayments™ is an Internet credit card payment gateway. It accepts credit card transactions from sponsored merchants over the Internet and processes them through Acquiring Banks in Hong Kong and the Philippines. YESpayments™, handles the technical interface, provides risk management information and daily reconciliation. YESpayments™ has been in operation since December 2000.
Technology and Security
To protect card details as they are sent over the Internet data is encrypted using the Industry standard known as SSL (Secure Sockets Layer). YESpayments™ uses 128bit SSL, the highest commercially available encryption. YESpayments.com has been independently audited and assessed by a risk management company to ensure compliance with PCI DSS (Payment Card Industry Data Security Standard). In addition, each month, YESpayments™ is “probed” for weaknesses by an independent security company to ensure the highest protection against intrusion.
Acceptance of Sponsored Merchant
We ensure that our Sponsored Merchants are contractually obligated to operate in accordance with the credit card company’s requirements. As an IPSP we are responsible for the actions of our Sponsored Merchants and bear ultimate liability for their actions. We only process payments for merchants that are located in the same countries we operate in. For all potential merchants we carry out extensive due diligence.