Doo Payment Achieves the International Standard PCI DSS Compliance Governed by the PCI Security Standards Council (PCI SSC)

Fin Points Technology Pte. Ltd., an entity under Doo Group, has successfully obtained the Payment Card Industry Data Security Standard (PCI DSS) Certification (ROC Report Number: C1551-01-PIT1-B) from the PCI Security Standards Council (PCI SSC).

This significant milestone underscores the commitment of Doo Group and its sub-brand, Doo Payment, to maintaining reliable security practices within the global payment sector, reinforcing the trust and integrity of our financial services.

Strengthening Global Payment Security with PCI SSC 

Founded in 2006, the PCI Security Standards Council (PCI SSC) is a global organization established by leading credit card networks, including Visa, MasterCard, American Express, Discover, and JCB. Its primary mission is to bring together stakeholders from the payments industry to develop, enhance, disseminate, and implement security standards and resources aimed at safeguarding account data within the global payment ecosystem.

The standards set by PCI SSC are vital in mitigating risks related to fraud and data breaches, ensuring businesses adopt the most effective security measures to protect cardholder data.

The Importance of PCI DSS Compliance

As a global security standard established by PCI SSC, the Payment Card Industry Data Security Standard (PCI DSS) is designed for all entities that store, process, or transmit cardholder and sensitive authentication data. It establishes a baseline level of protection for consumers and helps reduce fraud and data breaches across the entire payment ecosystem. For companies handling payment card data, achieving PCI DSS compliance is more than a regulatory requirement – it is a crucial step in fostering client safety and trust.

Meeting PCI DSS standards requires a thorough evaluation of a company’s security, data handling, and operations, focusing on three key components:

1. 1. Secure Ingress of Credit Card Data: Sensitive card details must be securely collected and transmitted from customers.

2. 2. Data Storage Security: Compliance with the 12 security domains of the PCI standard, including encryption, ongoing monitoring, and security testing of access to card data.

3. 3. Annual Validation of Security Controls: Compliance validation includes forms, questionnaires, external vulnerability scanning services, and third-party audits to ensure the necessary security controls are in place.

Dedicated to Continuous Innovation and Financial Security

Doo Group’s success in meeting these rigorous requirements demonstrates our commitment to operational excellence and protecting client data, ensuring peace of mind for our users. As we continue to expand our global reach, our focus remains on enhancing security and adhering to the highest standards of compliance.

We are dedicated to evolving our services to meet the changing needs of our clients and the payment industry, always prioritizing innovation to drive sustainable growth while maintaining a secure financial environment for our clients.