Payment Card Industry (PCI) compliance is based on a set of standards developed to protect card information during and after a financial transaction and is required by all card brands.
But why is PCI Compliance important to my small business? This guide provides answers to this and other frequently asked questions entrepreneurs and business owners just like you typically have on this subject.
Payment Card Industry (PCI) compliance is a set of practices that oversee data security across an extensive series of credit and debit card payments. Businesses must abide by these requirements outlined by the PCI Security Standards Council in order for their merchant account to remain in good standing.
Every business that accepts debit/credit cards must comply with these PCI standards, no matter what processing method they use. BluePay has put together a simple guide answering some frequently asked questions along with debunking some myths regarding PCI compliance.
Check it out: