Yes. We use industry-standard security technologies, procedures, and best practices to protect our customers and our services. In addition to developing our proprietary systems and processes to validate, execute and follow up on every bill payment, we employ external security specialists who continuously monitor and stress test our service. We do not store any card numbers and encrypt all user information.
Furthermore, our money laundering reporting officer, compliance team, and risk team ensure that we continue to meet the statutory requirements under the directive from the Swedish FSA.
As a Payment Institute, we are licensed by and under the supervision of the Swedish Financial Supervisory Authority (Finansinspektion).