OKTO PAYMENTS proudly announces the renewal of its security standard certification, reaching the highest level with the attainment of the Payment Card Industry Data Security Standard (PCI DSS) 4.0 certification. The upgrade from PCI DSS 3.2 to the new certification not only reaffirms but also advances OKTO PAYMENTS unwavering commitment to security excellence. It reflects OKTO PAYMENTS proactive embrace of cutting-edge technologies and underscores its dedication to providing top-tier, secure, and compliant services to its valued customers. As a Level 1 Service Provider, OKTO PAYMENTS has successfully met and exceeded all stringent requirements outlined by PCI DSS, marking a significant milestone in ensuring the highest level of data security.
John Zacharakis, OKTO PAYMENTS Technology Director, commented, “Obtaining the PCI DSS 4.0 certification is a pivotal milestone for OKTO PAYMENTS. It underscores our dedication to providing a secure environment for our clients’ financial transactions. We continuously invest in leading technologies to meet and exceed industry standards, and this certification is a clear demonstration of our commitment to security and compliance.”
The rigorous compliance validation process involved a thorough evaluation, confirming that OKTO PAYMENTS security controls and procedures align with the policies recommended by PCI DSS. As per the mandates of international payment systems, including Visa, Mastercard, American Express, and others, OKTO PAYMENTS meets the standards required for entities that handle cardholder data.
PCI DSS compliance is not only a regulatory necessity but also a strategic advantage. OKTO PAYMENTS recognizes the substantial benefits it brings to organizations processing credit card transactions, including heightened security, reduced financial liability, legal compliance, streamlined operations, and increased customer trust.
As the fintech landscape evolves, OKTO PAYMENTS remains at the forefront by prioritizing security, compliance, and customer trust. The PCI DSS 4.0 certification is a significant achievement, reinforcing OKTO PAYMENTS competitive advantage and solidifying its standing as a leader in the financial technology sector.
