Safaricom has actually been certified with the Payment Card Industry Data Security Standard (PCI DSS) Certification, an around the world requirement of information security for services that process card deals, by the PCI Security Standard Council (PCI SSC).
The approval is an excellent accomplishment for the business and lines up with it’s objective to change from a telco to a tech co by 2025 as it will now be an international payment facilitator for partners such as Google, Uber, Microsoft, to name a few.
“Safaricom has actually constantly been driven by the desire to innovate and offer advanced services to our consumers. As we browse the digital landscape, security stays at the heart of whatever we do. This accreditation for M-PESA is an acknowledgment of our devotion to securing monetary deals of our consumers,” stated Peter Ndegwa, Safaricom CEO.
The approval implies the business can start providing numerous services such as tap to pay, and merchants get online and in-person card payments from our consumers. Fintechs and Financial organizations are similarly set to take advantage of our card processing abilities empowering them to supply end to end mobile and card payment options.
With this accreditation, Safaricom will enter into a couple of organizations in Africa that can produce a local payment switch system while securing consumers, merchants and partners payment information.
The business can now boost API ability to grow designers on the M-PESA platform to supply boosted services and broaden the portfolio of mobile cash services and payment services.
“With this advancement, our clients can feel confident that our procedures guarantee that their information is secured at all times. It likewise indicates that our partners can access more ingenious and safe services for their customers,” stated Mr. Ndegwa.
Payment Card Industry Data Security Standard is a worldwide acknowledged requirement that provides a thorough structure to secure delicate client details throughout deals. It guarantees robust controls and security steps remain in location to safeguard versus information breaches, scams and unauthorised gain access to.