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Payment Card Industry Data Security Standard (PCI DSS) compliance is mandated by credit card companies to help ensure the security of credit card transactions in the payments industry. In short, it means as a business that you aren’t storing any customers card details.
You are either PCI compliant or non-compliant, which can result in fines & more.
Do you need it?
Any merchant that wants to process, store or transmit credit card data is required to be PCI compliant, according to the PCI Data Security Standard Council.
1. Use & maintain firewalls
2. Proper password protections
3. Protect cardholder data
4. Encrypt transmitted data
5. Use & maintain anti-virus
6. Properly updated software
7. Restrict data access
8. Unique ID’s for access
9. Restrict physical access
10. Create & maintain access logs
11. Scan & test for vulnerabilities
12. Document policies
How do you become PCI Compliant?
Your payment processors and gateway provider may help you to become PCI compliant. Paynetworx offers support in becoming compliant and how to maintain PCI DSS compliance. Contact us to find out more.