PayMate Achieves PCI DSS 1.2 Compliance For Mobile Payment Process
Each PayMate transaction over automated IVR is secured by a stringent two-factor authentication, the mobile number and the m-PIN.
PayMate, a player in the m-commerce sector, has been upgraded from the PCI DSS 1.1 certification awarded last year, to the PCI DSS 1.2 certification by ControlCase. PayMate achieved the latest certification post a rigorous audit process for its focus in offering m-commerce customers a safe ecosystem for mobile transactions.
Data security is typically a concern for customers making payments over the mobile platform. The PayMate service enables consumers to shop with their mobile phones in a highly secure manner, whether across the counter, online or remotely. Each PayMate transaction over automated IVR is secured by a stringent two-factor authentication, the mobile number and the m-PIN.
Ajay Adiseshann, MD and founder, PayMate, said, "Being in the payments industry, it is imperative that we maintain the highest data and security standards at all times. More importantly, it is crucial that we update ourselves periodically to remain compliant with the changing policies and guidelines of the payments industry. With the PCI-DSS 1.2 certification, we can continue with our expansion plans by providing our customers and partners with a highly secure payments platform."
Erik Winkler, senior VP – ControlCase, said, "Our involvement with PayMate as QSA (Qualified Security Assessors) for PCI DSS for the last two years has been extremely satisfying as PayMate has demonstrated its commitment at all levels in not only maintaining PCI DSS but has taken actions to ensure that it is continuously compliant to new changes and any updates to the standard."
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