bKash attains data protection certification

Mobile financial service provider bKash has achieved a "Payment Card Industry Data Security Standards v3.2.1" for maintaining the "highest level of data security" of its over 50 million customers across the country. 

In a press release, the MFS provider said the certification required deploying strong applications, system and network mechanism, regular monitoring and maintenance.

The certification is said to reflect adherence to an industry-mandated set of standards to keep consumers' card data safe when transacting through the bKash app.

"Very few organisations in Bangladesh are PCI DSS certified," said bKash Chief External and Corporate Affairs Officer Sheikh Md Monirul Islam. 

"However, it is essential for a payment company to have this kind of certification for safeguarding the data rights of customers," he said.

"bKash has always strived to achieve the utmost compliance standards in the industry through ensuring the security of its user's data, providing safe financial services, and strictly adhering to the instructions of the regulator," he added.

With the popularity of online shopping and growing number of card transactions, the standard is said to have been created for providing an additional level of protection for card issuers, cardholders and payment service providers.