PayMate Attains PCI DSS 1.1 Compliance

The PayMate service enables consumers to shop with their mobile phones across the counter, online, remotely, over telephone (automated IVR).

hidden January 31, 2017 01:24:29 IST
PayMate Attains PCI DSS 1.1 Compliance

PayMate, a mobile commerce solutions company, has attained the PCI DSS 1.1 compliance. The PayMate service enables consumers to shop with their mobile phones across the counter, online, remotely, over telephone (automated IVR), said the company.

According to Probir Roy, co-founder, PayMate, “This has been one of the fastest PCI DSS certifications in the world for a mobile payments service and company, and one of few in India. With the mobile universe at 210 million and growing monthly at 8 million, the use of mobiles as a safe and secure electronic payment mechanism will have benefits to today’s consumers who have been hitherto limited with Internet e-commerce penetration. This should prove a huge fillip to e-commerce in general, with mobile as the new e-medium."

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Kingfisher Airlines Launches SMS-based Ticketing Service
Biztech

Kingfisher Airlines Launches SMS-based Ticketing Service

The service would allow customers to search, book and pay for tickets start-to finish on the mobile itself.

IDBI Bank Partners With PayMate For Mobile Payment Solutions
Biztech

IDBI Bank Partners With PayMate For Mobile Payment Solutions

The alliance will enable IDBI Bank customers to use PayMate's convenient and secure mobile payment service and turn the tedious chore of paying regular utility bills into an effortless task.

Cosmos Bank, PayMate Partner For Mobile Payment Solutions
Biztech

Cosmos Bank, PayMate Partner For Mobile Payment Solutions

Cosmos Bank has partnered with PayMate to offer 'pay buy sms' service to its customers.