How secure is Accounts Payable?

Article author
Shani
  • Updated

Accounts Payable makes it a top priority to be safe and secure. We ensure the safety of your financial and private details, as well as those of your vendors, regardless of how you make payments. 

How we protect you

PCI compliant

Accounts Payable is fully compliant with the Payment Card Industry- Data Security Standard (PCI DSS), which is designed to protect your sensitive credit card data. We do not store any sensitive credit card information on the servers. Instead, we use a certified Level 1 card processor, the highest level of certification in the payments industry. Accounts Payable and our 3rd party card processor test the system daily to ensure security. 

Safe and secure technology

We’ve invested in robust security technology and have built it into every aspect of the Accounts Payable platform. Your payments are encrypted through state-of-the-art cryptographic algorithms to protect you from hackers. Our servers are also kept in PCI and SOC 1, 2, and 3 compliant data centers with 24x7 monitoring.

Check protection

Accounts Payable’s check protection keeps your checks secure from the issue date until they’re sent to your vendor. You and your vendors’ sensitive details don’t appear on the check, protecting you from fraud. Checks are tracked, and you get updated when they’re sent and deposited.  

Global banking partners 

Putting your trust in Accounts Payable means you’re in good hands. We’ve partnered with some other large and most stable banks across the globe to ensure your funds are never at risk. Our portfolio includes Evolve Bank & Trust and JPMorgan Chase Bank. Please note that the names of these banks might be included in the payment statement. 

Security as a culture 

The Accounts Payable development team follows a strict SDLC (software development life cycle) process, which includes security validations and automatic penetration tests.  

We also have a team of dedicated risk & compliance representatives who validate users and transactions, conduct due diligence when required, and handle all matters related to AML (Anti-Money Laundering).  

Reporting and vulnerabilities 

The Accounts Payable team investigates all reported vulnerabilities. If you think you've discovered a vulnerability with your account, please contact our support team.