SATV Kathmandu, Aug 09: Fonepay, Nepal’s leading payment system operator (PSO), has announced that it has been awarded the Payment Card Industry Data Security Standard (PCI DSS) v4.0.1 Level 1 Certification. PCI DSS Level 1 is the highest level of security compliance and is recognised globally as the gold standard for payment card data security.

This achievement reflects Fonepay’s dedication to safeguarding cardholder data, implementing robust infrastructure, and continuously strengthening its security posture, the company said in a statement.

"Security is not a one-time goal, but an ongoing commitment," said Paras Kunwar, Chief Operating Officer, Fonepay. "Achieving PCI DSS Level 1 certification reflects our collective effort to build a robust and resilient payment infrastructure that prioritises the protection of cardholder data. We remain resolute in our commitment to setting industry benchmarks and investing in cutting-edge security technologies, assuring trust in the payment network to our participants, partners, regulators, and end users.”