Safaricom, the leading Kenyan mobile network operator, has achieved a major milestone in its transformation journey, earning the coveted Payment Card Industry Data Security Standard (PCI DSS) Certification from the PCI Security Standards Council (PCI SSC). This prestigious recognition unlocks a world of possibilities, propelling Safaricom to become a global payment facilitator for tech giants like Google, Uber, and Microsoft, among others.
“This certification marks a significant step towards our vision of becoming a leading technology company by 2025,” said Peter Ndegwa, Safaricom CEO. “Our unwavering commitment to innovation and customer security is at the core of everything we do, and this PCI DSS approval for M-PESA is a testament to our dedication to protecting financial transactions.”
The PCI DSS certification empowers Safaricom to offer cutting-edge payment solutions like tap-to-pay, enabling merchants to accept online and in-person card payments seamlessly. This opens doors for fintechs and financial institutions to leverage Safaricom’s secure card processing capabilities, empowering them to offer comprehensive mobile and card payment solutions.
Safaricom’s PCI DSS compliance positions it as one of the few institutions in Africa capable of creating a regional payment switch system, ensuring robust security for customers, merchants, and partners. This certification also paves the way for enhanced API capabilities, attracting more developers to the M-PESA platform and fostering a wider portfolio of innovative mobile money and payment solutions.
“This achievement reaffirms our commitment to providing our customers with secure and reliable financial services,” emphasized Mr. Ndegwa. “Partnering with us now means access to a world of secure and innovative solutions for your customers.”
The PCI DSS is a globally recognized standard that outlines rigorous controls and security measures to safeguard sensitive customer information during transactions. Obtaining this certification demonstrates Safaricom’s unwavering commitment to data security, protecting against breaches, fraud, and unauthorized access.
As the threat landscape evolves, Safaricom remains vigilant, continuously improving its security measures to ensure the well-being of its customers. This PCI DSS certification marks a pivotal moment in Safaricom’s transformation journey, solidifying its position as a leader in secure and innovative financial technology, not only in Kenya but across the African continent.