Offering your customers a secure way to pay is more than just ethical business practice, it is a requirement and your customers want assurance that their credit card information is safe. By accepting credit card payments, merchants and service providers are required to become Payment Card Industry compliant. Each merchant that handles credit card account information is responsible for safeguarding the information and can be held liable for security compromises if they have not taken the required precautions.
The Payment Card Industry (PCI) Data Security Standard (DSS) represents a common set of industry tools and measurements to help ensure the safe handling of sensitive credit card account information. The standard provides an actionable framework for developing an account data security process that includes preventing, detecting and reacting to credit card account security incidents.
To learn more about PCI Compliance
The PCI Data Security Standards Council offers comprehensive guidelines. For detailed information from the Council, please visit their website at www.pcisecuritystandards.org .