Confirming once again OKTO’s commitment to providing its customers with high quality, reliable, secure and compliant service offerings, OKTO has been awarded the Payment Card Industry Data Security Standard certification.
OKTO has been awarded PCI DSS (Payment Card Industry Data Security Standard) certification, once again proving its continued investment in cutting-edge and reliable technologies, adhering to high industry technological standards to provide enhanced security over financial data consumers and increased confidence in the payment ecosystem. The fintech’s OKTO.WALLET solution meets all the requirements defined as a level 1 service provider, ensuring the security and protection of payment cardholder data.
Validating the compliance of the OKTO solution involved evaluating and confirming that security controls and procedures were properly implemented in accordance with the policies recommended by PCI DSS. According to the requirements formed by international payment systems, Visa, Mastercard, American Express and other members, all entities that store, process and transfer data to their cardholders must comply with the unified security standard. PCI data.
John Zacharakis, CTO at OKTO, comments: “PCI DSS certification is a key step in our offering of high quality to our customers and our commitment to the highest industry standards in the most regulated markets. OKTO meets the goals of PCI DSS and ensures that its customers obtain services that are fully PCI DSS compliant, adhering to high technical security standards that ensure the security of the network infrastructure and enforce the required controls around data. cardholders to minimize credit card fraud.