The digital ways of transactions, particularly e-wallet services, have gained momentum with the invention of the digitization of payment methods in India. how utilising these internet payment methods for regular people became riskier. For consumers to make payments using the correct risk-free transaction techniques, the Reserve Bank of India has established a framework for the providers of payment equipment.
The RBI updated all prepaid payment instruments for its customers and the organisation on December 9th, 2016. They had a specific audit and undergone PPI Licensing. The PPI Technical Audits help users, nevertheless, by providing all the crucial updates needed to improve the security posture. The RBI has made this audit mandatory in order to limit unwanted access and speed up digital transactions. Therefore, the audit of all businesses using prepaid payment instruments must be conducted while safeguarding your company’s priceless assets.
Our team at Precise Testing Solution performs RBI PPI Compliance Audits for the issuers and offers them the advice and solutions they need to improve their security posture by following the below mentioned process:
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The Precise Testing Solution is a STQC & CERT-IN empanelled company that is a member of the Data Security Council of India and NASSCOM, and is also certified under ISO 9001:2008 and ISO 27001:2013 standards & licensed IT services software testing company that provides cyber security services as well along with information security solutions that include VAPT Services, Penetration Testing Services, and Vulnerability Assessment Services.
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