OKTO Elevates Security Standard with PCI DSS 4.0 Certification
Athens, Greece (December 14, 2023) — OKTO proudly announces the renewal of its security standard certification, reaching the highest level with the attainment of the Payment Card Industry Data Security Standard (PCI DSS) 4.0 certification. The upgrade from PCI DSS 3.2 to the new certification not only reaffirms but also advances OKTO’s unwavering commitment to security excellence. It reflects OKTO’s proactive embrace of cutting-edge technologies and underscores its dedication to providing top-tier, secure, and compliant services to its valued customers. As a Level 1 Service Provider, OKTO has successfully met and exceeded all stringent requirements outlined by PCI DSS, marking a significant milestone in ensuring the highest level of data security.
John Zacharakis, OKTO’s Technology Director, commented, “Obtaining the PCI DSS 4.0 certification is a pivotal milestone for OKTO. It underscores our dedication to providing a secure environment for our clients’ financial transactions. We continuously invest in leading technologies to meet and exceed industry standards, and this certification is a clear demonstration of our commitment to security and compliance.”
The rigorous compliance validation process involved a thorough evaluation, confirming that OKTO’s security controls and procedures align with the policies recommended by PCI DSS. As per the mandates of international payment systems, including Visa, Mastercard, American Express, and others, OKTO meets the standards required for entities that handle cardholder data.
PCI DSS compliance is not only a regulatory necessity but also a strategic advantage. OKTO recognizes the substantial benefits it brings to organizations processing credit card transactions, including heightened security, reduced financial liability, legal compliance, streamlined operations, and increased customer trust.
As the fintech landscape evolves, OKTO remains at the forefront by prioritizing security, compliance, and customer trust. The PCI DSS 4.0 certification is a significant achievement, reinforcing OKTO’s competitive advantage and solidifying its standing as a leader in the financial technology sector.
Digital Payments for the Real World
OKTO powers digital payments for every retail and online environment. Our unified payment platform combines secure, real-world transactions with the most powerful payment technology to create immersive payment experiences for both merchants and their users.
Since 2019, OKTO has been improving payment interactions for online and retail businesses and introducing frictionless digital payments with its local knowledge, sector expertise and international capabilities. This includes supporting customers across various regulatory landscapes with an embedded omnichannel approach.
The expanding business now employs over 150 payment experts and insiders as well as software engineers, serving some of the most exciting international markets including Brazil, Romania, Italy, Greece, Germany, the UK, and Spain.
By enabling responsible real-time transactions, we remove the friction and risk associated with traditional payments and deliver digital transformation opportunities for our customers and millions of consumers around the world.
SOURCE: OKTO.Tags: OKTO, Security Standards, PCI DSS 4.0 Certification, payment interactions