National Payments Corporation of India (NPCI) has been validated as compliant with the Payment Card Industry-Data Security Standard’s (PCI DSS) latest version 3.1.
The validation makes NPCI the first company in the BFSI sector to receive the compliance certificate.
PCI DSS aims to improve security of card transactions through a set of policies, as well as helps to safeguard the transmission and storage of payment card data.
Principles of PCI DSS can be applied to diverse environments where cardholders’ data is processed, stored, or transmitted including e-commerce, mobile acceptance, and cloud computing.
NPCI MD and CEO A P Hota said: "User information data transmitted through cards are highly sensitive and hence we keep our entire infrastructure secure and upgraded. All member banks can trust NPCI with their sensitive payment card information and also get their payment platform certified on PCI DSS.
"Aligning security programs with the updated standards helps us in continual identification of threats and vulnerabilities that could have potential adverse impact."