CRED, India’s premier payments platform catering to affluent members, has reached a significant milestone in security and privacy by securing ISO 27001, ISO 27701, and PCI DSS v4.0 certifications. These achievements underline CRED’s dedication to protecting member data, ensuring safer transactions, and offering members greater control over their personal information.
Enhanced Protection of Member Data
With the ISO 27001 certification, CRED has established a comprehensive Information Security Management System (ISMS). This certification ensures that CRED’s systems are equipped to prevent unauthorized access and defend against cyber threats. By identifying, managing, and mitigating security risks, CRED guarantees that members’ sensitive financial and personal information remains secure across its entire platform.
Leading the Way in Privacy Management
CRED is one of the first Indian organizations to secure the ISO 27701:2019 certification, positioning itself as a leader in privacy information management. This milestone aligns CRED’s data handling practices with global standards and India’s Digital Personal Data Protection Act, 2023. Members benefit from enhanced transparency and responsible use of their personally identifiable information (PII), giving them more control over their data while prioritizing privacy.
Elevating Payment Security Standard
CRED’s compliance with PCI DSS v4.0 ensures the highest level of payment security. This latest version of the Payment Card Industry Data Security Standard requires advanced encryption, strict access controls, and proactive threat detection to safeguard member financial data. By upgrading to this latest standard, CRED reaffirms its focus on providing secure card transactions and adapting to evolving industry needs.
A Rare Achievement in Fintech
Globally, only a small percentage of fintech companies have attained all three certifications—ISO 27001, ISO 27701, and PCI DSS v4.0—positioning CRED among an elite group that emphasizes comprehensive security and privacy practices. This commitment reinforces CRED’s reputation as a trusted and compliant player within India’s financial ecosystem.
Commitment to Security and Trust
Kunal Shah, founder of CRED, stated, “Achieving these certifications is part of our broader commitment to maintaining the highest standards of security and privacy for our members. These certifications are not just about compliance—they are about building trust with our members, partners, and regulators. As we align with evolving data protection regulations, we will continue to work closely with regulators to lead by example in the fintech industry.”
By achieving these certifications, CRED continues to set benchmarks in data protection and privacy, strengthening trust with its members and reinforcing its commitment to providing a safe, rewarding experience on its platform.
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