Monday 23 December 2024
 
»
 
»
Story

Bahrain payments firm wins top certification

MANAMA, July 5, 2016

Bahrain-based Arab Financial Services (AFS), a leader in electronic payments and consumer finance outsourcing services, became the first Payment Processor in the Middle East to achieve the prestigious PCI DSS certification on its latest version release 3.2.

"AFS is proud to be among a handful of organizations globally that are certified under PCI-DSS 3.2, one of the most stringent security standards globally,” said AFS chief executive officer B Chandrasekhar.

“The certification is a natural outcome of the systematic procedures we have always followed and promoted to provide high level security while ensuring compliance for all our clients.”

"Security measures applied to payment cards in the framework of PCI DSS standard are deployed in all AFS solutions, including the new debit processing platform and its range of value added services such as mobile payments, analytics, loyalty to name a few," he added.

"AFS is proud to continue its journey of being the pioneers in adopting such stringent standards, and becoming the 1st Service Provider responding to the new 3.2 standards. We realize the importance of providing assurance to our customers on the resilience of our operations" said AFS head of Information Security, Kunal Taneja.

“It is a proud moment for AFS and reiterates our commitment to achieve the highest standard of security for all our products and services,” said AFS chairman Sael AlWaary.

AFS was assisted in this key initiative by SISA Information Security, a leading information risk management provider in the region. – TradeArabia News Service




Tags: AFS | Arab Financial Services | payments |

More Finance & Capital Market Stories

calendarCalendar of Events

Ads