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What is the value of PCI certification of the payment products?

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Question added by Deleted user
Date Posted: 2014/09/23
Adeniyi Adeyemi
by Adeniyi Adeyemi , Application Manager/System Analyst , Diamond Bank Plc

Hi Taher,

 

In line with the PCI Security standards, the PCI requirements provide a framework or guide in securing payment card systems and infrastructure. It helps in creating that awareness for every player in the payment industry on the need to secure data transmitted, processed and stored with the payment lifecycle involving acquirers, issuers, merchants, processors, third party providers and a whole host of others.

I hope this summarizes it.

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