Perhaps the most challenging aspect of credit card processing for the merchant is the protection of cardholder information at all points of the transaction process. Protection of this data has become a multi‐billion dollar issue for merchants and processors alike as criminals and hackers continually become more sophisticated in gaining access to this data. Serious ramifications can occur if you are compromised ranging from substantial fines, termination of the ability to accept credit cards and even criminal prosecution.
In the past, both merchants and processors took varying degrees of measures to protect data from compromise. However, some measures were weaker and less resistant than others and systems were readily vulnerable to both internal and external hacking attempts. In response to these deficiencies.
The Payment Card Industry Data Security Standard (PCI‐DSS) Security Standard was created in 2004 to help provide universally accepted standards for data security and protection. This standard is a set of universally accepted guidelines that merchants must follow to attain and maintain PCI compliance.
The PCI Solution
Establishing and maintaining PCI Compliance can be a confusing and tedious process. Keeping up with rules, standards and validation requirements on a continual basis can be very time consuming. These standards continually change and become more refined over time. For this reason, we have established PCIU that helps you take both the guess work out of attaining PCI Compliance.
PCIU has a comprehensive self-assessment validation product that will address only the PCI standards that apply to your business. With PCIU your PCI validation process can be completed quickly and easily in just a few minutes. Validating your PCI compliance annually protects you and your customers and ensures their personal information is secured and protected as it is used by your business.