CardFlex: PCI Credit Card Compliance: Is Your Business Affected?
Summary
PCI credit card compliance also helps build a base for corporate security and allows businesses to identify ways their IT infrastructure might be at risk for breaches in the future.Visa, for example, offers a PCI Compliance Accelerated Program that breaks down requirements based on the number of transactions processed each year.Some basic steps to get started include: · Buying and using approved PIN devices at point-of-sale terminals · Buying and using validated payment software in point-of-sale terminals · Never storing customer or cardholder information on paper or computer · Using an advanced firewall to protect all computers and networks in-house · Ensuring wireless routers are encrypted and password protected · Using strong passwords—meaning those with a combination of letters and numbers—on all applications, computers, and point-of-sale terminals · Checking PIN entry devices to make sure skimming devices or software are not installed on them · Teaching employees the value of protecting cardholder information and boosting the company’s security overall Even if businesses only process a few credit card transactions each year, PCI credit card compliance protects them from costly legal consequences and the loss of customer trust associated with security and data breaches.Ensure PCI credit card compliance while reducing transaction costs, providing better customer service, and doing business virtually anywhere with cutting-edge technology by partnering with an innovative merchant payment processing company.Some basic steps to get started include:· Buying and using approved PIN devices at point-of-sale terminals· Buying and using validated payment software in point-of-sale terminals· Never storing customer or cardholder information on paper or computer· Using an advanced firewall to protect all computers and networks in-house· Ensuring wireless routers are encrypted and password protected· Using strong passwords—meaning those with a combination of letters and numbers—on all applications, computers, and point-of-sale terminals· Checking PIN entry devices to make sure skimming devices or software are not installed on them· Teaching employees the value of protecting cardholder information and boosting the company’s security overallEven if businesses only process a few credit card transactions each year, PCI credit card compliance protects them from costly legal consequences and the loss of customer trust associated with security and data breaches.Ensure PCI credit card compliance while reducing transaction costs, providing better customer service, and doing business virtually anywhere with cutting-edge technology by partnering with an innovative merchant payment processing company.