EthSwitch S.C, Ethiopia’s reputed national payments system has received the most desired PCI DSS v3.2.1 certification from SISA information security, headquartered in India.
EthSwitch has achieved the milestone for successfully completing PCI DSS audits across its Issuing, Acquiring, and Authorization services. Payment Card Industry Data Security Standards (PCI DSS) is a set of stringent standards, mandated by the Payment Card Industry Security Standards Council (PCI SSC). Designed to ensure the better security posture of organizations, these standards are to be followed by entities that store, process, and (or) transmit cardholder data and prevent frauds pertaining to payment cards.
Speaking about the accomplishment, EthSwitch CEO, Yilebes Addis stated, “Data protection has the utmost importance in today’s rapidly evolving digital landscape. We at EthSwitch strive day and night to protect our customers’ sensitive data from cyber frauds. The PCI DSS certification depicts our continued commitment to securing data from payment frauds.” SISA Worldwide CEO and Founder, Dharshan Shanthamurthy said, “Maintaining such an exhaustive international benchmark is not a one-off activity but an ongoing process and the organization has now laid an excellent foundation to be vigilant and ready to face any security eventuality. When organizations go through the time and expense of achieving such coveted compliance, we understand how much they value the security of their customer data.” PCI-DSS is a payments industry standard issued the PCI Security Standards Council (PCI SSC) applicable to entities providing payments Card processing service involving data management & usage. Ethswitch is certified to comply with the latest version of this global standard, v3.2.1, which makes it the first & only in Ethiopia at the moment.