Euronet Pakistan gets PCI DSS certification

Source: Euronet Pakistan

Euronet Pakistan was certified as PCI DSS compliant by the leading international QSA Company, Risk Associates.

Euronet Pakistan achieved this accreditation after a comprehensive audit process under the PCI guidelines. Euronet strives to offer Reliable, Scalable and Secure Financial service offerings to banks under Euronet globally proven service bureau model.

"The professionalism and knowledge of Euronet management and staff and the security of the systems under management is testament to a sound organization. It has been a pleasure working with Euronet through this certification project", Dr. Aftab Rizvi, CEO Risk Associates

Data security is typically a concern for banking customers making transactions over the alternate channels. The PCI DSS certification demonstrates Euronet Pakistan's continued commitment to protection and security of customer account data. PCI mandates the generation, transmission, and storage of cardholder data is securely managed and encapsulated.

PCI certification enables Euronet Pakistan as the first company in Pakistan to achieve this high level of accreditation.

The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard for financial institutions that handle cardholder information for debit, credit, prepaid, e-purse, ATM, and POS cards. Devised and published by the Payment Card Industry Security Standards Council, the standards were created to increase controls around cardholder data to reduce debit/credit card fraud via its exposure. Validation of compliance is done annually by an external Qualified Security Assessor (QSA).

"Becoming compliant to PCI DSS is a testament that Euronet Systems and Infrastructure meets the highest contemporary specification for security within the banking and payment card industries" Alan Pedley, Director, Risk AssociatesĀ 

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