LankaBangla receives PCI DSS certificate

LankaBangla Finance Limited, one of the leading non-banking financial institute in the county, has received the Payment Card Industry Data Security Standard certificate.

LankaBangla received the certification for adopting and applying the mandatory controls set by PCI SSC to ensure the effectiveness, efficiency, confidentiality, the integrity of our credit card business operations, said a press release on Sunday.

This certification entails that the organisation has met all requirements with strong confidence regarding credit card security and becoming the first NBFI in Bangladesh to receive that accreditation, the release read.

Speaking on the occasion, Khwaja Shahriar, Managing Director & CEO of LankaBangla Finance Limited, said, “I am delighted to announce the attainment of the Payment Card Industry Data Security Standard certification. This is a substantial and exceptionally important accomplishment.”

He said that LankaBangla Finance Limited is the only NBFIs in Bangladesh now which is Payment Card Industry Data Security Standard (PCI DSS) certified.

This certification is also a mandatory requirement of Bangladesh Bank for those who operate card businesses, and LankaBangla Finance Limited is committed to following regulatory instructions to ensure compliance, the press release said.

PCI DSS is a payment card security standard for organisations that handle branded cards from the major card schemes.