"PALPAY" Obtains Certification for Compliance with Global Information Security Standards (PCI-DSS)

SadaNews - PALPAY, a leading electronic payment services company in Palestine, has obtained the certification for compliance with Information Security Standards (PCI-DSS), which is considered one of the most important global certifications in the field of protecting card data and enhancing the security of electronic financial transactions.

This achievement confirms the company's commitment to implementing the highest standards of security and protection for customer data, and providing digital services characterized by efficiency and reliability. This certification reflects PALPAY's capability to secure customer data according to the latest systems and technologies, which enhances the trust of users and solidifies its pioneering position in the electronic payment sector.

The certificate was delivered during a special event organized at the company's headquarters in Ramallah, where the General Manager of PALPAY, Mr. Thaer Hamayel, received the certificate from the accredited auditor from the Global Payment Card Security and Protection Council, Mr. Rabi Barakat, in the presence of several members of the company's management team.

Hamayel confirmed that obtaining the PCI-DSS certification reflects PALPAY's commitment to providing safe and advanced financial services, and adopting best global practices in the field of information security, in line with the company's strategy for digital transformation and building a secure and sustainable banking environment. He added that the company will continue to invest in the latest technological solutions to enhance information security and protect customer data, in addition to developing innovative financial solutions that meet market needs and enhance user experiences in Palestine.

For his part, Barakat expressed his pride in collaborating with PALPAY and assisting them in achieving this accomplishment, noting that obtaining this certificate requires strict adherence to international security standards and the implementation of precise procedures to protect electronic payment data, including the development of secure systems, monitoring operations, and ensuring compliance with the latest global standards.

The acquisition of the certificate came after a comprehensive audit conducted by accredited auditors, which included the main data center, electronic services, and cards, where the audit results proved the company's full compliance with PCI-DSS requirements and standards, reflecting its ongoing commitment to enhancing information security and providing a secure and reliable financial environment for its customers.