Flutterwave partners Trustwave to make secured online payment free for SMES

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In what could be an attempt to ensure a rise in the inclusion of businesses processing payments online, Iyinoluwa Aboyeji’s fintech startup, Flutterwave has joined forces with an international information security company, Trustwave, to ensure that SMEs and fintech companies that want to get their business PCIDSS-compliant can use its self-assessment wizard to do this at Zero cost.

A statement from Flutterwave reads :

Given our mission as a provider of secure payments technology and infrastructure, we have partnered with Trustwave, the global leader in information security, to create a program that will make it easier for small businesses to be PCIDSS compliant.

Getting PCIDSS (Payment Card Industry Data Security Standard) compliant is one of the necessary hurdles a business looking to engage in online card payment processing has to scale, to ensure the safety of its payment-processing environment. However, with hundreds of thousands of dollars involved as implementation fee, the PCIDSS scares many businesses away.

It seems however, that Flutterwave is bent on changing this, by giving businesses that wants to be PCIDSS compliant a leeway with its free self-assessment wizard that helps them with:

  • The PCI Wizard and task-tracking To Do List to help businesses complete the process easily.
  • Vulnerability scanning of websites/payment infrastructure (if required) to identify network weaknesses.
  • A Security Policy Advisor to help businesses design their own set of security policies — a requirement of PCI compliance.
  • A collection of easy-to-use online Security Awareness Education courses for front-line employees.
  • Access to the TrustKeeper Agent to detect sensitive data storage and provide ongoing compliance monitoring.
  • Expedited support by phone or e-mail, as well as online help, tutorials, and education.

However, for a business to benefit from this, it must first be profiled by the Flutterwave team. To get your profiling started send an email to [email protected] To learn more, you can go here

happywheels

I'm interested in stories, news and opportunities for African entrepreneurs. Be it tech, fashion, SMEs; breaking entrepreneurship stories is the next best thing that can happen to me, after Jollof

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