A statement quoted American Express to have stated that Electronic Payplus Limited had complied with the security requirement as stipulated by the Payment Card Industry.
“American Express hereby confirms that the vendor (Electronic Payplus Limited) has provided evidence of completion of a security review by a PCI accredited security assessor demonstrating compliance with the Payment Card Industry (PCI) Card Production Physical and Logical Security requirements,” the company said in the license issued to Electronic Payplus Limited.
“Therefore, it is confirmed that authorization is granted to the vendor to perform the checked services for GNS Licensees whom are licensed by Amex to issue American Express branded cards.”
“This is another first for the Company as it’s our usual practice to be the leader in innovative products in the market.”Bayo Adeokun, – CEO, Electronic Payplus Limited
According to Adeokun, Epay Plus is technically the first African company to be so licensed by American Express to produce its cards.
“Please note that Electronic Payplus Limited is the second Company to be certified in Sub-Saharan Africa by American Express International, outside South Africa. The two South African Companies are International Companies from Europe with outlets in Johannesburg,” he said.
“We are now well positioned to help any issuer in Nigeria or from any other country in Africa with their American Express card issuing project. This is another first for the Company as it’s our usual practice to be the leader in innovative products in the market.”
Epay Plus recently got admitted into the prestigious International Cards Manufacturers Association (ICMA).
Forbes describes American Express as “by far one of the most versatile card providers available”. The company offers a variety of cards suited for the needs of a wide range of consumers.