Basata Earns SOC 2 Type II and PCI DSS v4.0.1 Level 1 Certifications, Reinforcing Commitment to Data Security
Basata, Egypt’s leading electronic payments and financial services provider, has announced that it has successfully obtained the globally recognized SOC 2 Type II and PCI DSS v4.0.1 Level 1 certifications, marking a major milestone in its ongoing commitment to safeguarding customer data and delivering a secure and trusted digital payment environment.
The dual achievement underscores Basata’s rigorous approach to information security and compliance, further strengthening trust among customers, partners, and stakeholders, while reinforcing its position as a leading provider of payment and financial solutions in the Egyptian market.
The SOC 2 Type II certification reflects the strength and effectiveness of Basata’s internal security controls over an extended period of time. As an internationally recognized compliance framework for technology-driven service organizations, SOC 2 evaluates how customer data is managed and protected across five core trust principles: security, availability, processing integrity, confidentiality, and privacy. Basata’s attainment of this certification demonstrates the robustness of its systems and operational processes, ensuring continuous protection of sensitive data and providing customers and partners with a high level of assurance regarding information security.
In parallel, Basata has achieved PCI DSS v4.0.1 Level 1, the highest level of compliance under the Payment Card Industry Data Security Standard. The latest version of the standard reflects the most advanced and stringent cybersecurity requirements, aimed at protecting cardholder data and minimizing fraud risks. This certification confirms that Basata adheres to strict security controls, including the development of secure networks, protection of card data, and continuous monitoring and testing, ensuring the highest level of safety for every digital payment transaction processed through its platform.
Commenting on the achievement, Karim Shehata, Chief Executive Officer of Basata Holding, said:
“Data security and customer protection are at the core of our strategy for delivering trusted financial services. This dual certification represents a pivotal step in Basata’s journey to strengthening customer confidence. Achieving PCI DSS Level 1 reflects the highest standards in transaction security, while SOC 2 Type II confirms our ongoing commitment to protecting customer data in line with global best practices, giving users lasting peace of mind regarding the safety of their information and payment operations.”
The certifications reaffirm Basata’s future strategy, which is built on two key pillars: sustainable growth and global compliance. The company continues to invest heavily in its technological infrastructure and the development of innovative payment solutions that support financial inclusion, while ensuring that every step toward expansion and service enhancement is underpinned by the highest levels of security.
Through this disciplined approach, Basata aims not only to maintain its leadership in digital payment solutions, but also to position itself as a trusted long-term partner, delivering a secure and resilient digital financial ecosystem for businesses and consumers alike.