Prominent digital payment method OKTO proudly announces the renewal of its security standard accreditation, reaching the highest level with the attainment of the Payment Card Industry Data Security Standard (PCI DSS) 4.0 certification.
The upgrade from PCI DSS 3.2 to the new certification not only reaffirms, but also advances OKTO’s unwavering commitment to security excellence. It also reflects OKTO’s proactive embrace of cutting-edge technologies and underscores its dedication to providing top-tier, secure, and compliant services to its valued customers.
As a Level 1 Service Provider, OKTO has successfully met and exceeded all stringent requirements outlined by PCI DSS, marking a significant milestone in ensuring the highest level of data security.
The rigorous compliance validation process involved a thorough evaluation, confirming that OKTO’s security controls and procedures align with the policies recommended by PCI DSS. As per the mandates of international payment systems, including Visa, Mastercard, American Express, and others, OKTO meets the standards required for entities that handle cardholder data.
PCI DSS compliance is both a regulatory necessity and a strategic advantage. OKTO recognizes the substantial benefits it brings to organizations processing credit card transactions, including heightened security, reduced financial liability, legal compliance, streamlined operations, and increased customer trust.
As the Fintech landscape evolves, OKTO remains at the forefront, by prioritizing security, compliance, and customer trust. The PCI DSS 4.0 certification is a significant achievement, reinforcing OKTO’s competitive advantage and solidifying its standing as a leader in the financial technology sector.
John Zacharakis, Technology Director at OKTO, declared: “Obtaining the PCI DSS 4.0 certification is a pivotal milestone for OKTO. It underscores our dedication to providing a secure environment for our clients’ financial transactions. We continuously invest in leading technologies to meet and exceed industry standards, and this certification is a clear demonstration of our commitment to security and compliance.”