About Hips

HIPS Payment Group Ltd is a financial technical service provider, to enable consumers to make online purchases. The activities of the company follow local laws, regulations and industry practice. HIPS Payment Group Ltd's principal place of business is registered at St Mary’s Place, DUBLIN D07 P4AX, IRELAND, registered in the Irish companies register CRO under the registration number 639131..

HIPS Betalservice AB is a provider of financial services (factoring services), to enable consumers to pay after delivery. In the EU/EES, HIPS Betalservice AB is registered as a financial institution firm by Sweden's financial supervisory authority under number 559114-1873 by the Swedish Financial Supervisory Authority (www.fi.se), Box 7821, 10397 Stockholm, Sweden.

Hips Payment Group Ltd and HIPS Betalservice AB's principal place of business is registered at Strandgatan 1, 302 46 Halmstad (Sweden), collectively called "Hips".

Our Role

Hips Checkout is a technical platform of storing your Payment Credentials, but it doesn’t change anything else about your relationship with the Merchant you’re paying or your bank or credit card company. You are ultimately responsible for the purchases you make using Hips Checkout. Also, the Merchant is the one responsible for providing you the goods or services that you purchase using Hips Checkout, not Hips. Hips will use our reasonable efforts to keep your Payment Credentials secure. Hips may buy any debt from you to the Merchant (factoring), in that case you will be notified and must fulfill you payment toward Hips and not the Merchant.

HIPS has been audited by a PCI-certified auditor and is certified to PCI Service Provider Level 1. This is the most stringent level of certification available in the payments industry. To accomplish this, we make use of best-in-class security tools and practices to maintain a high level of security at HIPS. The PCI audit occurs annually.

HIPS act as a financial technical service provider, which support the provision of payment services to banks and authorized payment institutions. Some of HIPS services includes a e-commerce platform ("Checkout"), for such services HIPS act as a commercial agent authorised via an agreement to conclude the sale on behalf of the payee.

Security at HIPS

Security is one of the biggest considerations in everything we do. If you have any questions after reading this, or encounter any issues, please let us know.

All card numbers are encrypted on disk with AES-256. Decryption keys are stored on separate machines. None of HIPS’s internal servers and daemons are able to obtain plaintext card numbers; instead, they can just request that cards be sent to a service provider on a static whitelist. HIPS’s infrastructure for storing, decrypting, and transmitting card numbers runs in separate hosting infrastructure, and doesn’t share any credentials with HIPS’s primary services (API, website, etc.).

Questions?

We're always happy to help with code or other questions you might have! Search our site for more information or send us an email (support@hips.com)!