Rswitch, Rwanda’s electronic payments switch, has been awarded the international security standard payment card industry data security standards (PCI DSS) compliance certification for the second year running. 

The recertification by the PCI council, the global leader in compliance, data forensics information security and risk management solutions responsible for the development, management, as well as education and awareness of the PCI security standards, confirms RSwitch systems as secure. The PCI data security standard is a global security standard that helps prevent card and data fraud by evaluating payment account data security and assessing an organisation’s network architecture, software design, security policies, procedures and protective practices.

According to Daniel Barrientos, the RSwitch chief executive officer, the recertification re-affirms the company’s commitment to offer secure card processing solutions compliant with global world-class standards as set by the PCI council.

"RSwitch believes in offering world class operational services to Rwanda’s financial industry. The certification will, therefore, create trust and confidence among customers as it ensures a higher level of protection for their data, besides safeguarding our brand and reputation,” Barrientos explained.

He added that the achievement was a step toward the company’s efforts to connect East Africans with its e-money.

Last month, RSwitch facilitated the first electronic money interoperability between Airtel and Tigo telecom companies to ease mobile money transfer services.

The interoperability platform will make it easy for subscribers to conduct mobile money transfer services across networks. It is also expected to reduce the cost of transactions and augment efforts aimed at achieving a cashless economy.

business@newtimes.co.rw