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March 26, 2015

Paynet Group receives PCI DSS compliance certification

Paynet Group, a provider of card processor and electronic payments, has been awarded an international Payment Card Industry Data Security Standard (PCI-DSS) certification.

By Verdict Staff

Paynet Group, a provider of card processor and electronic payments, has been awarded an international Payment Card Industry Data Security Standard (PCI-DSS) certification.

The certification affirms that Paynet’s switch and card management centres are now the safest environments managing sensitive payments data of consumers, government and financial institutions.

The certification has been awarded on behalf of the PCI Security Standards Council (PCI SSC) by Trustwave.

Paynet CEO Bernard Matthewman said: "This certification is a very important achievement for us at Paynet as it gives our customers greater protection of payments, card operations and the assets we manage on their behalf by insuring that all security measures are applied in the processing, transmission and transmission of all card and payments data.

"Certifying compliance to this global standard required implementing new versions of hardware, software and tools at every stage alongside some other 350 new processes and procedures. We are happy to lead Kenya and the East African banking and payment card industry into a world of high security payments," added Matthewman.

With this certification, Paynet is now considered to be a ‘Level 1 service provider’ and marks as the only institution to receive PCI-DSS certification in Kenya.

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