AFS achieves card security compliance
Manama, August 2, 2008
Arab Financial Services (AFS), a provider of electronic payments and consumer finance outsourcing services, has achieved PCI-DSS compliancy (Payment Card Industry - Data Security Standards).
The company said that it was the first organisation in the region to achieve this compliance.
“This new status demonstrates AFS’s commitment to enhancing the services we provide for our customers and our commitment to payment card data protection and security,” said Shankar Sharma, chief executive of AFS.
Last year AFS joined the security standards council as a participating organisation which ensured AFS was part of the process to evolve the PCI DSS and other payment card protection standards, falling under the level 1 which denotes any member that stores, processes or transmits more than 600,000 Visa transactions annually.
Achieving compliant status has taken their involvement with the council to the next level.
AFS was certified by Sisa, one of the largest security audit firms in the region, according to a statement.-TradeArabia News Service