Technology

SmartPay e-wallet achieved PCI DSS level 1 international security certification


SmartPay e-wallet belonging to Smart Network Trading Service Co., Ltd (SmartNet) has just received the PCI DSS level 1 international security certificate (the highest level).

PCI DSS (Payment Card Industry Data Security Standard) is a mandatory security and security standard in the field of issuing and accepting payment cards with global value with more than 200 standards requirements, established by the Payment Card Industry Security Standards Council. In particular, level 1 of PCI DSS is the highest level, usually only for banks and international card issuers or providers with more than 6 million transactions per year.

After rigorous testing and evaluation process, CrossBow Labs has granted PCI DSS certification the latest version (3.2.1) for SmartPay in 5 categories Internet/e-commerce (Network/E-commerce), Payment Gateway /Switch (Payment Gateway/Conversion), E-wallet (E-wallet), Merchant Services and Loyalty Programs.

SmartPay e-wallet achieved PCI DSS level 1 international security certification

Marek Eugene Forysiak – President of SmartNet shared: “Achieving PCI DSS Level 1 certification marks an important milestone in SmartPay’s commitment to providing safe and professional payment services. We always maintain confidentiality according to international standards for transactions and customers’ personal information, so that users can be assured of identification, transactions, contactless payments… on SmartPay application especially in the context of the Covid-19 epidemic”.

In parallel with prioritizing information security for users, in the fourth quarter of 2021, SmartPay continues to aim to pioneer in digitization for 1.2 million Vietnamese small businesses, contributing to economic recovery in the coming time. earliest. To do this, SmartPay is constantly improving the ecosystem for merchants including Cashless Payment, Online Sales Channel and Financial Support Products.

Notably, last September, SmartPay launched the Touch – pay – breakthrough technology that allows merchants to use smartphones as a POS device to receive contactless payments quickly, convenience from the customer’s mobile phone. This promises to be an explosive payment trend in the near future.

According to a SmartNet representative, with the highest level of PCI DSS international security certification, SmartPay e-wallet partners and customers can trust the security of the system. This is also a key platform for SmartPay to continue to expand cooperation with strategic partners at home and abroad.

SmartPay payment application (owned by SmartNet company) launched in May 2019.

As of May 2021, SmartPay has more than 600,000 merchants (payment acceptors) and a community of 5.7 million users nationwide.

To Uyen

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