Nowadays, while online transactions have become the norm, ensuring the safety of your finances is paramount. With the rapid increase of online payment platforms in 2024, users seek not only convenience but also the assurance that their hard-earned money is in safe hands.
Among the payment options available, MiFinity stands out as a reliable guardian of financial security. In this article, we delve into how MiFinity keeps your money safe with its robust security measures.
Cutting-Edge Encryption Protocols
At the core of MiFinity’s security architecture lies cutting-edge encryption protocols. MiFinity employs state-of-the-art encryption technology, including SSL (Secure Socket Layer) encryption, which safeguards your sensitive information during transmission. This means that every interaction you have with MiFinity, whether it’s logging in, sending money, or updating your account details, is shielded from prying eyes by layers of encryption, making it virtually impossible for unauthorised parties to intercept or decipher your data.
Two-Factor Authentication (2FA)
MiFinity takes security a step further by offering Two-Factor Authentication (2FA) to its users. 2FA adds an extra layer of protection to your account by requiring not only your password but also a second form of verification, such as a unique code sent to your registered mobile device. This means even if someone manages to obtain your password, they still won’t be able to access your account without the additional authentication step, significantly reducing the risk of unauthorised access.
Dedicated Fraud Prevention Team
Behind the scenes, MiFinity boasts a dedicated team of experts tasked with preventing fraud and ensuring the security of its platform. This team is comprised of seasoned professionals with extensive experience in fraud detection and prevention. The team works hard to stay ahead of emerging threats and continuously enhance MiFinity’s security infrastructure to adapt to evolving risks and challenges in the digital landscape.
PCI DSS Compliance
To ensure security, the company also strictly adheres to the Payment Card Industry Data Security Standard (PCI DSS). This set of security standards is designed to guarantee that all companies that accept, process, store or transmit credit card information maintain a secure environment, protecting sensitive data from theft, fraud, and other security threats. With MiFinity’s compliance with PCI DSS, you can be assured that your financial transactions are safe and secure.
MiFinity Recognised for Information Security Excellence with ISO 27001 Certification!
MiFinity, the award-winning eWallet provider, proudly announced the achievement of ISO 27001 certification in February 2024, a testament to its unwavering commitment to safeguarding sensitive information.
The attainment of ISO 27001 marks a significant milestone in MiFinity’s journey, underscoring its dedication to maintaining the highest standards of information security management. Following months of rigorous assessment and preparation, the payment services company has successfully demonstrated its adherence to the internationally recognised criteria, ensuring the confidentiality, integrity and availability of information across all operational domains.
Paul Kavanagh, CEO of MiFinity, emphasised the significance of this achievement, stating, “Attaining ISO 27001 certification underscores MiFinity’s commitment to preserving the integrity of data and maintaining robust information security protocols across our operations. By doing so, we will further strengthen our resilience and ensure the ongoing protection of our valuable assets. I extend my sincerest congratulations to our entire team for their collective efforts in realising this significant milestone, which reflects our relentless pursuit of excellence.”
Enjoy Secure Transactions with MiFinity
Download the MiFinity app for free from the App Store or Google Play to start doing more of the things you love. With a highly convenient interface, we help you get more from your MiFinity experience!
