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INDUSTRIAL NEWS

Bahrain's Sinnad gets key PCI security accreditation

Dec 24, 2018 11:27 AM

Bahrain-based Sinnad said it has successfully attained the PCI (Payment Card Industry) personal identification number (PIN) security requirements version 2.0 for its platform in the kingdom. A leading...

Bahrain-based Sinnad said it has successfully attained the PCI (Payment Card Industry) personal identification number (PIN) security requirements version 2.0 for its platform in the kingdom.

A leading card processing service provider in the region, Sinnad is a Bahraini-registered company and a subsidiary of The Benefit Company.

The accreditation has been granted to Sinnad’s commitment towards strict international PCI standards associated to PIN Security Requirements including management of cryptographic keys as well as management of cryptographic devices used in acquiring and processing or routing Interchange PN based transactions, , said a statement from the company.

The audit procedure for PCI PIN compliance, developed by the Security Standards Council, was performed by global payment security leader, SISA, it stated.

PCI PIN Security Standards are the standards laid down by PCI Security Standards to protect the customers PIN data.

It lays down a set of requirements for secure management, processing, and transmission of PIN during online and offline card transactions at ATMs and POS terminals to ensure that PIN data is not compromised during an electronic payment, said the statement.

This certification is a recognition to its strict adherence to guidelines that safeguard consumers’ data during the transaction process through an added reliability and security measures, it added.

Rana Almaeeli, general manager, Sinnad, said: “Achieving PCI PIN compliance is no longer an option, but a mandatory business requirement for any business that wants to put its customers’ data security first.”

“We will continue to achieve and comply with the highest security standards so that our customers can rest assured that sensitive payment data will remain within our top priority,” she added.-TradeArabia News Service

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