Klasha is PCI-DSS Compliant! Here's what it means
Payment fraud continues to be a concern for the growing number of organizations that accept credit card payments. At Klasha, we are committed to our merchants' and customers' security while using our products.
We are pleased to announce that Klasha has been validated for compliance with the Payment Card Industry Data Security Standards (PCI-DSS).
What is PCI-DSS?
PCI-DSS stands for Payment Card Industry Data Security Standard. PCI DSS is a set of security standards that ensures that all businesses that handle, store, or transmit credit card information do so in a safe manner.
The PCI DSS certification verifies that companies with access to cardholder information adhere to a strict framework for their payment card data security process that includes prevention, detection, and security.
This means that when it comes to handling your credit card information, we have achieved the greatest level of security. By achieving PCI DSS compliance, we have joined the list of other international businesses dedicated to data security and customer safety.
Credit cards and financial data accounted for 32 percent of the 18.9 billion records exposed in data breaches in the first half of 2021 alone, according to Risk Based Security's 2021 Mid Year Report.
Being certified to the highest compliance standards is an important way to give our growing customer base assurance that they can trust us with sensitive payment card information.
Ongoing Efforts and Development
As a cross-border payment company with a presence in over five countries in Africa, we are committed to scaling our tech and security measures to align with global standards, building on world-class technology and e-commerce solutions. We will continue to make security a top priority which means acquiring more certificates to ensure the safety of the thousands of users that use our services every day.
If you're a Klasha user and want to learn more about this compliance, reach out to us. And if you are thinking about potentially integrating Klasha into your business, you can contact our sales team here and someone will be in touch soon.