
Business Update21 Jul 2026, 07:50 pm
TeleCanor Payments Division Achieves PCI-DSS Audit Milestone
AI Summary
TeleCanor Global Ltd has announced significant progress in its digital payments division. The company has appointed SGS, a global certification body, to conduct its PCI-DSS audit and has finalized the technical aspects of its proprietary payment gateway. The payment gateway application has passed internal testing and is built on Open Transaction Model (OTM) and State-Based Message Delivery (SBMD) frameworks. The company plans to submit its application for the RBI Payment Aggregator license post completion of financial results and equity infusion. Commercial launch is expected approximately one month after receiving PCI-DSS certification.
Key Highlights
- Appointed SGS for PCI-DSS certification audit.
- Proprietary payment gateway framework technically finalized.
- RBI PA license application pending financial results and capital infusion.
- Commercial launch expected post PCI-DSS certification.
Price Impact
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