Payment Card Industry Data Security Standard (PCI DSS) Certification

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PCI-DSS

Payment card processing is one of the most common ways of doing business today. These include credit and debit card transactions at Point of Sale terminals or online payment via websites and other e-commerce portals. Republic Bank aims to protect your business from a cardholder data breach, suspension of your ability to accept credit cards and potential fees. That’s why we recommend you enrol for PCI DSS certification.
 

The PCI DSS is an Information Security Standard developed and defined for organizations that handle branded card (e.g., Visa & MasterCard) transactions. To support our merchants and cardholders, Republic Bank has partnered with SecurityMetrics, an international company with over 25 years of experience, to assist our merchants in becoming PCI DSS Certified.

To become certified, merchants will complete an online questionnaire which asks a series of questions to validate the processes within their business. It determines if customer card data is captured or stored and whether this is done in a manner that conforms to the requirements of major card brands. Based on your responses, more information may be required to ensure stringent protection of cardholder information before becoming certified.

Here’s what you need to know!

What is PCI DSS?
  • The Payment Card Industry Data Security Standard (PCI DSS) was established in 2006 by major card brands inclusive of Visa, MasterCard and American Express. The certification is designed to protect businesses and customers against payment card data theft and fraud.
  • PCI DSS Certification is a Security Standard which defines the controls and systems that should be upheld by merchants and service providers who store, process, and transmit payment card data.
  • PCI DSS Certification is required for all card processors regardless of business size or the amount of annual card transactions.
  • To ensure that merchants operate with the most up-to-date and relevant security standards, PCI DSS Certification is required annually by all merchants.
How to get compliant?
SecurityMetrics tools will assist you through the process of becoming PCI Compliant. In order to achieve Compliance, SecurityMetrics’ certification portal will guide you through a few steps:
  • Identifying your card environment.
  • Completing your self-assessment questionnaire.
  • Fulfilling other security requirements such as vulnerability scanning.
Why should you get Certified?
  • Businesses that comply with PCI DSS, have processes and controls in place to reduce the risk of card data theft and fraud.
  • Non-Compliant businesses may be at greater risk and can have their ability to process card payments suspended and/or be subjected to payment of card brand fines and non-compliance fees.
How much does it costs?

PCI DSS Certification and support services from SecurityMetrics will generate a fee of TT$40 annually, per merchant ID.

Click here to download a quick guide on how to get PCI Compliant.

Ensure you have the following information readily available before you start the certification process.
1. Your email address currently on file at Republic Bank
2. Your Point-of-Sale machine model type and number

The process of getting certified is easy. Here are the steps:
Step 1: You should receive a personalized email from Republic Bank advising of PSI DSS and the need for PSI DSS Certification.
Step 2: You will be directed to the SecurityMetrics portal www.securitymetrics.com/pcidss/republictt
Step 3: Create an account. To login, you will be required to confirm your personal and business information using the validation process.
Step 4: Complete the Scoping Process and Self-Assessment Questionnaire (SAQ) to determine whether your operations are compliant with international standards.
Step 5: Upon the completion of the above steps, you will receive a notification confirming your certification. Please note PCI certification is required annually. Look out for an email from SecurityMetrics reminding you to repeat this process prior to the expiration of your certificate.

If you have any further questions regarding the PCI DSS certification process, you can contact SecuityMetrics via any of the following options:
1. Website: www.securitymetrics.com/pcidss/republictt
2. 24hr hotline at 868-224-5839 (toll free i.e., no cost for the call)
3. Email: enroll@securitymetrics.com

You may also contact your Merchant Sales & Service Area Representative for more information.

Area Name Contact
East Akeila Pinheiro 728-4443
West Karen Mural 685-3773
Port-of -Spain Rodney Callender 769-9515
Tobago Shervonne Cummings 735-0489
Central Kion Yearwood 735-0486
South Venise Beepath 735-0487

Click here to watch a video on PCI DSS Certification.

Click here to download a quick guide to understand the steps required for PCI DSS Certification.

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