Is Watu SoftPOS Secure? Here’s Everything You Need to Know About Safety and Compliance

Is Watu SoftPOS Secure? Here’s Everything You Need to Know About Safety and Compliance.

Housing

February 12, 2024

In today’s fast-paced digital world, businesses are constantly looking for convenient payment solutions that enhance customer experiences while maintaining high levels of security. With the rise of mobile payments, Watu SoftPOS (Software Point of Sale) technology has become an innovative solution for accepting payments. However, as with any digital tool, business owners naturally ask: “Is it secure?”

At Watu, we understand the importance of protecting your business and your customers. That’s why security and compliance are at the core of Watu SoftPOS. In this blog, we’ll walk you through the measures we’ve implemented to ensure that Watu SoftPOS is not only a convenient tool but also one that keeps every transaction safe and sound.

What Makes Watu SoftPOS Secure?

1. PCI DSS Compliance

Watu SoftPOS is PCI DSS (Payment Card Industry Data Security Standard) compliant, which is the highest level of security for handling credit card transactions. PCI DSS is a set of security standards designed to protect card information during and after financial transactions. Our system meets all requirements, including data encryption, secure storage, and strong access control measures.

Why This Matters:
With PCI DSS compliance, you can be rest assured that sensitive cardholder information is encrypted and shielded from unauthorized access, significantly reducing the risk of fraud.

Watu SoftPOS uses advanced encryption techniques to protect data during transmission. This means that any payment data sent from the customer’s card or mobile device is encrypted so that it cannot be intercepted by hackers.

In addition to PCI DSS, Watu SoftPOS adheres to local and global payment security regulations, ensuring compliance with both Nigerian and international standards. This includes compliance with CBN regulations and relevant bodies.