Smartflow Payments Limited (brand name Sends) got the PCI DSS (Payment Card Industry Data Security Standard) certification, which is vital for secure payment processing. Smartflow offers financial solutions such as Internet acquiring and multicurrency business accounts, so it must comply with data security policies and procedures.

PCI DSS certification is crucial for securing credit and debit card transactions mitigating risks related to cardholders' data and the potential misuse of their personal information. It safeguards card data by imposing specific requirements. Smartflow Payments Limited must also control access to cardholder data and monitor network resource access to get PCI certified. Achieving PCI compliance is no easy task, but it serves as a straightforward security badge, assuring customers of the business's trustworthiness, while noncompliance can incur both financial and reputational costs.

"Security is our number one priority as a financial institution. Daily Smartflow processes the personal data of thousands of customers, and we are responsible for its safety. That is why receiving PCI DSS certification is an important step for our team", commented Anastasiia Pervushyna, Director/MLRO in Sends.

One of the shareholders Smartflow Payments Limited is Alona Shevtsova, a businesswoman, philanthropist, and active participant in the Ukrainian and UK FinTech community.

“Smartflow Payments Limited has always been driven by the desire to innovate and provide cutting-edge solutions to our customers. As we navigate the digital landscape, security remains at the heart of everything we do. PCI DSS certification is a recognition of our dedication to safeguarding financial transactions of our customers,” said Alona Shevtsova.

All companies handling credit card data, particularly those involved in accepting or processing credit card payments, must comply with PCI DSS. Today, data breaches occur frequently, impacting both large and small companies. The primary objective of PCI-DSS is to prevent such breaches. The information about Smartflow PCI DSS certification can be found on the website.

It is important to mention that Smartflow Payments Limited (Sends) is about to launch the first version of the financial app to the Apple Store and Google Play. The release is planned for April 2024.