Vi today announced that it has attained Payment Card Industry-Data Security Standard version 4.0 (PCI DSS 4.0) certification for its retail stores & payment channels. Earlier this year, Vi achieved SOC2 Type II attestation.
Vi is the first telecom operator in India to secure this prestigious certification, further highlighting its commitment to safeguard customer payment information through adherence to the highest global security standards, said the company.
The Payment Card Industry Security Standards Council (PCI SSC) has established PCI DSS 4.0, the most stringent and modern security protocols designed to safeguard organisations that process credit and debit card transactions from data breaches and fraud.
In India, the RBI Guidelines for banking and financial institutions require PCI DSS 4.0 certification. Vi’s achievement of being the first telecom player to receive this certification marks a major milestone for the telecom sector. This certification will not only enhance customer confidence but also play a key role in building trust and maintaining customer loyalty.
Commenting on this development, Jagbir Singh, CTO, Vi, said:
At Vi, the security of our customers’ data is not just a priority, it is our commitment. Achieving PCI DSS 4.0 demonstrates our commitment to having the best security measures in place. We are immensely happy to be the first telecom operator in India to be granted this certification, and we remain steadfast in our commitment to setting industry benchmarks and investing in cutting-edge security technologies.
Vi said that it worked with Vista InfoSec, a renowned security consulting firm, to achieve this certification.
Narendra Sahoo, Founder & Director of VISTA InfoSec, said:
Working with Vi on their PCI DSS 4.0 certification was a remarkable experience. Their commitment to achieving this industry-first milestone, supported by strong management and a dedicated team, highlights their focus on securing customer payments.