Paytrail has been granted the Safe Pay certificate

Paytrail has become the first payment service to receive the Safe Pay certificate. With the Safe Pay stamp, the consumer can easily see that it is safe to pay in an online store. Safe Pay focuses primarily on data processing security when paying by invoice.

There has been much discussion about the safety of paying by invoice in the Finnish media recently. According to Qvik, the technology company behind the certificate, paying with an invoice in an online store is not dangerous - but making transactions with false personal information is unnecessarily easy in some places.

- In addition, the current laws and requirements governing online payments are difficult to understand and do not cover all online payments - for example, payment by invoice is poorly regulated, says Mikko Vahter, Qvik's payment expert and Paytrail's certifier.

The Safe Pay certificate was designed to increase consumer awareness of the security of paying by invoice and to highlight reliable invoicing and payment service providers.

During the certification process, Qvik audited Paytrail’s operations from the perspective of data management and the safety of its systems and processes. The security of payment by invoice has been ensured through practical tests, an extensive internal survey and a technical security assessment. For Paytrail, the certification took a couple of weeks to complete.

- Paytrail has always invested in payment security and consumer data security. Virtually all payment methods offered by Paytrail require strong authentication from consumers. The Safe Pay certificate is great proof from an impartial external party that you can also safely pay by invoice through us, says Johannes Kumpukoski, Paytrail's Sales Director.

- Our task is to minimize the possibility of the misuse of personal data when paying. This way, we also boost the reputation of our merchant customers as reliable online stores, Kumpukoski adds.

Payment by invoice is a popular payment method in Finland. According to Paytrail's e-commerce report (2019), as many as 36% of Finns had used the invoice as a method of payment for their online purchases.