WhiteBIT Achieves Highest PCI DSS Rating For Payment Security Compliance

WhiteBIT, a crypto exchange, has again shown its promise of high-security standards by earning the Payment Card Industry Data Security Standard (PCI DSS) certification. The firm received the top Level 1 certification.

This certification proves that the WhiteBIT platform follows the best ways to keep, handle, and send payment card information, making sure that the financial data of its users is safe and private. Payment information on WhiteBIT is well-protected against online scams and cyber-attacks, so customers can safely use their bank cards to deposit or withdraw money through options like Google Pay and Apple Pay.

PCI DSS Certification Provides Options For Safe Payment Methods

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Volodymyr Nosov, the founder and Chief Executive Officer of WhiteBIT noted that it is very important to protect the customers.  The company aims high for cybersecurity and works hard to protect the users’ data from possible dangers. Right now, more than 5 million clients have placed their trust in the company, and it wants to keep finding new ways to ensure their safety and make its processes clear.

The certification shows that WhiteBIT uses strong security steps to safeguard and handle payment card data. These measures include monitoring, access controls, tokenization, and encryption. This reduced the chances of cybercrime and data breaches.

WhiteBIT manages card data according to the highest industry standards, making sure clients’ private information is not leaked out.

The PCI DSS certification also allows WhiteBIT to add many secure payment options including bank cards from different payment systems. All payment providers working with WhiteBIT must also follow PCI DSS standards.

The Certification Allows Customers To Use Their Bank Cards Safely On The Platform

This certification shows that WhiteBIT wants to protect customers, allowing them to use their bank cards to make transactions on the platform without worrying about data leaks.

To keep its PCI DSS certification, WhiteBIT goes through an independent check each year to see if it meets the 12 main security rules. This check is done by a qualified outside organization. The company also carries out outside tests on its platform to find and fix any possible weak spots.

PCI DSS is a worldwide security rule created by the payment card industry to keep cardholder information safe.  It was created by five big payment networks: JCB, Visa, Mastercard, Discover, and American Express. The standard includes over 300 rules about different parts of information security, grouped into 12 key rules. There are four certification levels, based on how many transactions are processed each year.

WhiteBIT is one of the biggest crypto exchanges in Europe. It was created in Ukraine in 2018 and offers over 580 trading pairs, more than 270+ assets, and accepts 10 national currencies.

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