PayPro, Pakistan’s largest payments solution for Accounts Receivable Automation & Aggregation, has attained the ‘Payment Card Industry Data Security Standard’ (PCI DSS) v3.2.1′ compliance with the latest international certification in data security for its payment platform. In addition, PayPro’s PCI compliance was audited against the PCI Data Security Standards by Risk Associates, a leading provider of risk and compliance services.
The PCI-DSS (Payment Card Industry Data Security Standard) is the payment card industry’s rigorous information security standard which applies to all organizations that store, process, and/or transmit cardholder data. Achieving PCI compliance and certification requires that all system components that handle or access cardholder data must afford and maintain the strictest level of security controls—technically, operationally, and physically.
Speaking on occasion, CEO – PayPro, Mr. Ali Janjua, said, “We have once again confirmed that clients who want to use our solutions could be sure of the highest level of security and commitment to the industry’s highest standards. Our team has come a long way to get certified by the best security assessors, and now we can assure that our clients receive PCI DSS compliant solutions fully. By following the PCI DSS certification requirements, we can demonstrate the credibility of our payment platform, have an integrated approach towards larger local and international e-commerce merchants and provide them the required level of security for handling payments & cardholder data. We will continue to optimize our physical and cloud security with the most up-to-date international security standards, to support our customers’ interests and business’”.
Managing Director – Risk Associates Pakistan, Mr. Kashif Hassan, said, “Becoming PCI Compliant is an important step for PayPro, as it expands its client’s roster. It shows their commitment to protection and security of customer financial data. Risk Associates is committed to working with Paypro and other clients to not only achieve compliance but also to make security a ‘Business as Usual’ activity. We help clients mitigate risk and strengthen their internal controls which ultimately leads to increase in brand trust and act as a catalyst for business growth. We congratulate PayPro for achieving this major milestone, It has been a pleasure working with PayPro through this certification project”.
The compliance scheme aims to secure PayPro’s platform against data theft and fraud. PCI-DSS readiness adds to PayPro’s security layer and is a step further in pursuit of serving partners with the latest security solutions in the regulated market.
PayPro’s proprietary billing solution is powered through a strategic alliance with MasterCard Payment Systems, 1LINK and NiFT ePay, while the platform itself is directly integrated with 30+ financial institutions, including banks, digital wallets, branchless banking services and OTC collection points with a nationwide presence to ensure a seamless payment process for end consumers. Today, the company has 700+ established enterprises accepting payments through digital channels, transforming business operations for the new normal in Pakistan. For more information, please visit: https://paypro.com.pk
About Risk Associates:
Risk Associates being a pioneer in PCI DSS Certifications in Pakistan and having an unmatchable Cyber Security Certifications footprint such as PCI DSS, PA DSS, PCI SSF, PCI PIN, PCI 3DS, ISO 27001, SWIFT, CSA and others, which targets all the Industry segments locally and globally. Risk Associate’s is providing it’s services in 6 different continents having presence in Australia, UK, Canada, Middle East, Pakistan and Africa. Risk Associate’s mission is to mitigate risk, develop and provide Compliance, Testing, Audits, Certifications and Management services that are cost-effective and comprehensive. In addition, Risk Associates has the honor of being an executive committee member of the PCI Security Standards Council GEAR (Global Executive Assessor Roundtable), the status which only 28 firms across the globe hold.