Whilst it is obvious that PCI compliance is an important topic for businesses, it can also be incredibly complicated to understand. Before you can look into becoming compliant, it is essential that you have a basic understanding of what exactly PCI compliance is and also the requirements which has been set by the Payment Card Industry Data Security Standard (PCI DSS).
What is PCI compliance?
An easy-to-understand definition is a set of requirements that have been designed around protecting businesses that process, store, and transmit credit card information when customers make a purchase. These requirements were first set up by card provides Visa, MasterCard, Discover and American Express in 2004. They are now enforced by the PCI Security Standards Council.
Who exactly needs to be compliant?
It is the responsibility of any organisation that accepts credit or debit card payments to abide by the PCI DSS regulations.
Will this benefit the customers of a business?
By being PCI compliant, customers can be safe in the knowledge that their card details are being kept secure as your employees have no way of accessing or viewing their personal data. You can read more about the benefits to customers on our solutions page.
How do I go about ensuring my business is PCI DSS compliant?