Secure Payment Policy
Bohurupi Shopping is committed to providing a secure and reliable payment gateway for our customers. We recognize the importance of processing payments in compliance with relevant laws and regulations, including the Payment Card Industry Data Security Standards (PCI DSS).
This Payment Gateway Policy outlines how we collect, process, and protect payment information in our business activities. We use Payment Card Industry Data Security Standards backed “Cashfree Payments” & “Razorpay Payments” services and we do not store any payment related information (i.e. type/mode) on our server.
Scope and Application
This policy applies to all payment information collected, processed, and stored by “Cashfree Payments” & “Razorpay Payments”. This includes information related to credit card, debit card, and other payment methods.
PCI DSS Compliance
“Cashfree Payments” & “Razorpay Payments” are committed to maintaining compliance with the Payment Card Industry Data Security Standards (PCI DSS). We implement and maintain appropriate technical and organizational measures to protect payment information against unauthorized access, disclosure, or misuse.
Payment Gateway Features
Secure Sockets Layer (SSL) encryption to protect payment information in transit
Tokenization to replace payment card data with a unique identifier to protect sensitive information
Fraud detection and prevention measures to protect against unauthorized transactions
Data Protection Responsibilities
The following responsibilities have been assigned to ensure compliance with this policy:
“Cashfree Payments” & “Razorpay Payments” are responsible for ensuring that payment information is processed in compliance with PCI DSS and other applicable laws and regulations.
Third-party payment processors used by [Company Name] are responsible for ensuring that payment information is processed in compliance with PCI DSS and other applicable laws and regulations.
Data Retention
“Cashfree Payments” & “Razorpay Payments” retains payment information for as long as necessary to fulfill the purposes for which it was collected or as required by law.
Data Access and Disclosure
Access to payment information is limited to authorized personnel who require access to perform their job duties. Payment information will only be disclosed to third parties in accordance with applicable laws and regulations.
Data Breach Response
In the event of a payment data breach, “Cashfree Payments” & “Razorpay Payments” will take immediate action to mitigate the breach and notify affected individuals and authorities as required by law.
Conclusion
We will continue to monitor and review our payment gateway policies and procedures to ensure compliance with applicable laws and regulations.
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