IME Digital Solution Limited’s ‘IME Pay’ has recently acquired ‘PCI DSS’ certification. With this certification, IME Pay has successfully become the safest Safest Digital Wallet in Nepal.
Since its establishment, IME Pay, with its specific focus on safeguarding the personal information and details of its users, has managed to secure this certification after fulfilling the standards set by PCI DSS through the SISA Information Security. This certification is renewed every year following an audit. In the same sequence, this year as well, IME Pay has renewed the ‘PCI DSS’ certificate by meeting all the standards. IME Pay has been able to achieve this certification due to its ability to provide international-level security, maintain the privacy of its customer’s personal and sensitive information, and protect data from breaches.
About PCI DSS Certification
PCI DSS stands for Payment Card Industry Data Security Standard. It is a global information security standard for organizations that handle branded credit cards from the major card companies including Visa, Mastercard, American Express, etc.
The PCI DSS certification aims to ensure that companies securely process, store and transmit credit card data. To get PCI DSS certified, companies must go through an assessment conducted by a qualified security assessor to ensure they meet the required security standards.
The main requirements of PCI DSS include:
- Building and maintaining a secure network – Installing firewalls, restricting access, etc.
- Protecting cardholder data – Encrypting transmission of cardholder data, restricting access to data, etc.
- Maintaining a vulnerability management program – Regularly monitoring and testing networks, and patching vulnerabilities.
- Implementing strong access control measures – Restricting access to data and systems, using unique IDs and strong passwords, etc.
- Regularly monitoring and testing networks – Performing vulnerability scans, penetration testing, etc.
- Maintaining an information security policy – Developing and following security policies and procedures.
- Providing employee training – Educating employees about security procedures and policies.
