In a groundbreaking move, Safaricom, the telecommunications giant in Kenya, has obtained the Payment Card Industry Data Security Standard (PCI DSS) Certification, signalling a seismic shift towards revolutionizing secure transactions with a focus on tap-to-pay solutions.
The certification not only positions Safaricom as a global payment facilitator but heralds a new era for seamless and secure card transactions.
Peter Ndegwa, CEO of Safaricom, highlighted the company's commitment to innovation and cutting-edge solutions.
"This certification for M-PESA is a recognition of our dedication to safeguarding financial transactions of our customers," Ndegwa said.
This accreditation empowers Safaricom to introduce tap-to-pay solutions, a game-changer in the payment landscape.
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Merchants can now effortlessly accept online and in-person card payments, enhancing the overall customer experience.
Ndegwa emphasized the impact on customers and partners, ensuring that their data is protected at all times and opening avenues for innovative and secure solutions.
"With this development, our customers can rest assured that our processes ensure that their data is protected at all times. It also means that our partners can access more innovative and secure solutions for their clientele," Ndegwa asserted.
With PCI DSS Certification, Safaricom joins a select league of African institutions capable of establishing a regional payment switch system while prioritizing the security of payment data for all stakeholders.
This move positions Safaricom as a trailblazer in the tap-to-pay domain, providing customers with a secure and efficient payment experience.
Furthermore, this certification expands Safaricom's API capabilities, fostering the growth of developers on the M-PESA platform.
This strategic advancement enables the delivery of enhanced services and an expanded portfolio of mobile money solutions, solidifying Safaricom's commitment to technological transformation.
The PCI DSS, a globally recognized standard, ensures that robust controls and security measures are in place to protect against data breaches, fraud, and unauthorized access.
Safaricom's emphasis on continuous improvement in security measures reflects its dedication to staying ahead of the evolving threat landscape.
Safaricom's tap-to-pay revolution not only aligns with its mission to transform into a tech-focused entity by 2025 but also positions the company at the forefront of secure, innovative payment solutions.
The PCI DSS Certification marks the beginning of a new chapter in the company's journey, where convenience meets security in the realm of tap-to-pay.