Data security is the numero uno expectation of any business looking for a payment platform. At Cashfree, we have always placed your and your customer’s data security first. We are committed to creating infrastructure that keeps data safe, and also have systems in place to maintain global safety standards. The trust that popular brands like Nykaa, Puma, Zomato have in us is a testament to how seriously we take data security.
With the exponential growth in digital payments, it is crucial for payment platforms to have a fool-proof data security system in place to make sure all the transactions and sensitive customer information are safe and secure. Here are some security compliances and certifications that Cashfree holds to ensure a risk-free environment for all merchants and their customers transacting via Cashfree.
ISO/IEC 27001:2013 certification
The ISO/IEC 27001 is an international standard on how to manage information security.
We are an ISO/IEC 27001:2013 certified payment company which means we have implemented all the procedures and processes recommended by the Information Security Management System (ISMS) policy.
Cashfree is compliant with all the requirements for establishing, implementing, maintaining and continually improving an information security management system (ISMS) – the aim of which is to help companies make the information assets they hold much more secure.
The Payment Card Industry Data Security Standard (PCI-DSS) has defined a set of guidelines for organizations that handle customers’ credit card data. This is to ensure businesses follow the technical and operational standards to secure and protect credit card data provided by cardholders and transmitted through card processing transactions.
Cashfree is a PCI-DSS v3.2.1 certified company which means we adhere to the regulations of the PCI and maintain a secure environment for credit card transactions.
While we at Cashfree ensure your data is secure with us, here are some simple to-dos that are recommended to be followed by merchants and their customers to ensure maximum security:
- Do not share your personal bank details like card number, CVV, PIN, and OTP via any mode of communication like calls, texts, or emails
- Cashfree will never ask you for any of the above mentioned information
- Please make sure your accounts are secured with strong passwords. Do not write them down that can be accessed by anyone else
In addition to the certifications and compliances, we also do strict internal audits of our systems and processes. Further we have implemented checks on API requests to flag any suspicious transactions and ensure maximum protection of interest of merchants and their stakeholders.
If you are an online business looking to get paid online, it is crucial that you partner with payment platforms like Cashfree to secure your payments and prevent fraudulent transactions. Sign up to Cashfree and get started right away!