We meet and exceed national security standards and deliver exceptional financial and data security. Our continuous improvements as well as close partnership with leading technology and payment providers demonstrates our commitment to world-class security.
Processed payments are settled through our partnership with members of the Canadian Payments Association (CPA). Our payment technology is built on top of the existing banking infrastructure, which is developed and maintained by CPA.
Plooto’s infrastructure is hosted by Microsoft Azure through its Infrastructure as a Service (IaaS) business unit. Microsoft delivers cloud services to many of the world’s leading enterprises and government agencies.
All communication between users and Plooto is encrypted using the latest Secure Hash Algorithm 2 (SHA2) SSL Certificates. This standard is utilized by top financial institutions and ensures no data is intercepted by unauthorized parties.
Plooto works with existing banking infrastructure. When a transaction is submitted, Plooto sends the instructions to the banks to have them transfer the funds between two accounts.