Bahrain’s BENEFIT obtains PCI DSS Version 4.0 Certification

Bahrain’s BENEFIT obtains PCI DSS Version 4.0 Certification

BENEFIT, Bahrain’s innovator and leading company in Fintech and electronic financial transactions service, has received the Payment Card Industry Data Security Standard (PCI DSS) Version 4.0 Certification.

The company is one of the very first in the Kingdom to be receiving this certification. This achievement comes after BENEFIT implemented controls that exceeded the standards of the previous version, PCI DSS v.3.2.1.

According to the statement, the new standard implemented by BENEFIT comprises numerous support features and improvements to the prior version, such as increased guidance on adopting security controls, enhancements to compliance activities, enhanced requirements to improve payment validation methods and procedures, updated password requirements, more rigorous testing procedures, a greater focus on cybersecurity activities, as well as increased frequency of security controls testing.

Ali Beshara

Head – Information Security & Risk Management

BENEFIT “We are pleased to receive the updated PCI DSS certification, an issuance that we’ve laid the groundwork for in order to reap the benefits. As BENEFIT strives to create a cashless society and boost financial connectivity, we recognize our rising need for stringent security standards. This new standard gives our clients confidence that we are in full compliance with PCI DSS requirements and that the data from their financial transactions is