Basata for Financial Payments, Egypt’s leading electronic payment services provider, announced that it has obtained the internationally recognized SOC 2 Type II and PCI DSS v4.0.1 Level 1 certifications, reaffirming its unwavering commitment to the highest standards of customer data security and protection. The dual achievement strengthens trust with clients and partners and further cements Basata’s position as a leading provider of payment solutions and financial services in the Egyptian market, Invest-Gate reports.
The SOC 2 Type II certification reflects the strength and effectiveness of Basata’s security controls over an extended period. As a globally recognized framework for evaluating compliance among technology service providers, SOC 2 assesses how customer data is managed and protected across five core principles: security, availability, processing integrity, confidentiality, and privacy. Basata’s compliance demonstrates the efficiency of its systems and operational processes in ensuring continuous data protection and robust governance.
In parallel, Basata achieved PCI DSS v4.0.1 Level 1, the highest level of the Payment Card Industry Data Security Standard. Compliance with the latest version of the standard underscores the company’s commitment to implementing the most advanced cybersecurity requirements to protect cardholder data and mitigate fraud risks. The certification confirms Basata’s adherence to stringent controls, including secure network architecture, card data protection, and continuous monitoring and testing, ensuring the highest level of security for all electronic payment transactions processed through its platform.
Commenting on the milestone, Karim Shehata, CEO of Basata Holding, said: “Security and protection of customer data are at the core of our strategy to deliver trusted financial services. This dual certification represents a pivotal step in strengthening our customers’ confidence in Basata.” He added: “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 and adhering to global best practices, giving users lasting reassurance about the safety of their information and payment operations.”
These certifications reaffirm that Basata’s future strategy is built on two key pillars: sustainable growth and global compliance. The company continues to invest heavily in its technology infrastructure and innovative solutions that support financial inclusion, while ensuring that every stage of expansion and service development operates within a robust security framework. This disciplined approach positions Basata not only as a leader in payment solutions, but also as a trusted partner delivering a secure digital future for customers and institutions alike.