Why And How To Be PCI Compliance
The Payment Card Industry Data Security Standard or PCI DSS levies requirements on credit card merchants to safeguard consumers\’ credit information from malicious behaviour from identity thieves. The payment card industry providers such as VISA, MasterCard and American Express are now enforcing PCI compliance. Non-compliance can result in fines, restrictions or possibly permanent expulsion from card acceptance programs. If your business depends on accepting credit cards, then you have no choice than to become PCI compliant.
The new Payment Card Industry (PCI) data security standards are network security and business practice guidelines developed by Visa, MasterCard, American Express and Discover Card. They were developed to establish a \’minimum security standard\’ with regards to the protection of cardholders\’ account and transaction information.
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