Abu Dhabi - Sharikat Mubasher: Pyypl, a leading fintech company in the Middle East and Africa (MEA), received the latest PCI-DSS V4.0 Certification to become a leader in implementing updated PCI-DSS V4.0 standards within the Middle East and Africa (MEA) region.
In a statement, the company revealed that the certificate will enhance Pyypl’s operational capabilities by ensuring compliance across all regulated entities more efficiently and streamlining the process of obtaining new licenses in various countries.
This achievement represents a significant milestone in Pyypl’s journey and underpins the company’s commitment to security and operational excellence.
Antti Arponen, CEO and Co-founder of Pyypl, commented: "We developed our compliance framework from scratch, tailored specifically for V4.0 without relying on any pre-existing PCI-DSS infrastructure or processes.”
Operating in multiple markets across Africa and the GCC, Pyypl harnesses technology to unlock groundbreaking consumer capabilities and sustainable growth.
It aims to offer transformational financial services to 850 million financially underserved smartphone users across the MEA region in a single application via internationally accepted virtual and physical prepaid cards, instant domestic and international user-to-user transfers as well as remittances to 80 countries.