RMI Inks Exclusive Deal with Phoenix to Provide Its 7000+ Membership with Much Needed Payment Network Security

RMI Inks Exclusive Deal with Phoenix to Provide Its 7000+ Membership with Much Needed Payment Network Security

London 5th January 2013– Retail Motor Industry Federation (RMI) today signed a contract with Phoenix Managed Networks (Phoenix) to exclusively deliver PhoeniXSentry to its members.

The agreement will see the RMI offer PhoeniXSentry, Phoenix’s PCI compliant cloud-managed firewall service at a specially agreed rate to its 7,000+ members. Payment Card Industry Data Security Standards (PCI DSS) are the mandatory security criteria for every merchant set out by the card schemes such as Visa and MasterCard and are designed to keep card data safe from exploitation.

Julian Phillips, Head of Commercial Services at the RMI stated: “For years our members have struggled with implementing PCI but this deal with Phoenix is a simple route for our members to achieve compulsory compliance.  It is important to note that PCI is not a choice, compliance is mandatory for any business processing payments, which is why we are partnering with Phoenix to put together a simple, cost-effective and future-proofed solution for sending payments to the banks safely for our members. Most retailers are not aware of their obligations to send electronic payment data safely; PhoeniXSentry has been put in place by the RMI so that businesses don’t have to give payments and data security a second thought.”

Mr Phillips continued: “Everyone who accepts card payments needs to take security seriously including the RMI which is why we are leading by example for our members. The team at the RMI head office, like many of our members, were confused about the exact measures needed to be PCI compliant. We knew our card machine was compliant but had not fully appreciated that our whole network needed to be secured as well. Our Phoenix solution went live in the head office this week and is working seamlessly in the background.”

PhoeniXSentry is a fully managed service which is easily installed on any internet connection, new or existing, saving time, money and effort.  The firewall router that comes as part of the service secures not only all in-store card payments but also all online data traffic. This security solution can operate across single or multiple sites and can be managed remotely from one secure online access point for a merchant who wants visibility across all their locations. So it acts a virtual private network in the cloud joining up all locations without the need to invest and maintain an expensive network.

Mr Phillips added: “We have received many enquiries from our members looking for advice on PCI following correspondence they have received from their banks. Phoenix have not only provided us with a solution but have gone that step further by helping us inform our members with accurate and understandable messages explaining the complexities of PCI.”

Maintaining security has become increasingly challenging as organised card criminals find new ways to steal card data. Larger retailers with internal IT departments have the resources to successfully safeguard their systems; this has led to fraudsters targeting smaller more vulnerable merchants.

Alan Stephenson-Brown Managing Director of Phoenix (Europe) comments: “PCI compliance is something which needs to be constantly maintained. Failure to maintain security has led to many avoidable data breaches which have cost small merchants £1000’s in fines. Our solution alleviates this worry for merchants by continuously maintaining compliance coupled with the best possible network security and fast and safe payment authorisation to and from the banks.”

Phoenix’s cloud-managed firewall service is a private-labelled PCI compliant solution consolidating networking, payments and the highest level of security from one supplier. The solution alerts merchants to network attacks in real time whilst service updates and changes to PCI standards are dealt with via the cloud without any need for merchant action. This ensures continual PCI compliance and constant network security.