Case Study: XP launches PCI DSS-compliant global debit cards in under 4 weeks with Evervault

XP - Customer Case Study

XP, the largest independent brokerage in Brazil, faced the challenge of quickly launching a global debit card program for its customers without undergoing a lengthy and expensive PCI DSS compliance process. They needed to securely handle sensitive card data from their issuer while getting their product to market fast for their over one million users. To solve this, they partnered with Evervault and used its Payments Platform.

Using Evervault's Relay and Functions products, XP was able to encrypt card data before it reached their own systems and securely render it in their app without handling plaintext information. This solution allowed them to build their custom card program and achieve PCI DSS compliance in under four weeks. The partnership with Evervault also resulted in a 60% reduction in costs compared to managing the compliance process themselves.

XP