Public Square
Bayad scales up its cybersecurity standards

BAYAD continues to trailblaze the fintech industry being the trusted brand in the outsourced payment collection service in the Philippines. Having aggregated a multitude of billers that are now being used by more than 100,000 physical touchpoints and leading digital and mobile platforms across the country, the company has enhanced and intensified its cybersecurity initiatives to maintain its robust system.

Last Feb. 23, 2022, Bayad was able to obtain its Payment Card Industry Data Security Standard (PCI DSS) Certification. PCI DSS is an information security standard for all business entities that handle card information. The said security standard certification was thoroughly assessed by SISA, a forensics-driven cybersecurity company specializing in risk assessment, security compliance and validation, monitoring and threat hunting, as well as training for various payment security certifications.