Though many of you are already aware of the importance and necessity of becoming Payment Card Industry (PCI) Data Security Standard (DDS) compliant, CoCard wants to remind you that these industry regulations are absolutely required both for the security of your business and that of your customers. These standards protect you and your customers from credit card fraud and security vulnerabilities and are not to be taken lightly. If you are not yet compliant, you’re putting yourself at risk for incurring astronomical penalty fees and you may lose your ability to process bankcards.
PCI-DSS requirements are imposed by Visa, MasterCard, American Express, JCB International Co. and Discover to protect customers’ account data, and to protect merchants from serious security breaches and damages. These industry-wide requirements affect all merchant account providers and all merchants accepting credit cards.
Adherence to the PCI DSS is ongoing. To avoid monthly PCI non-compliance fees and the possibility of a costly security breach, please call our office at 1-800-317-1819, ext. 2 and ask for compliance assistance. We are happy to answer any questions you may have regarding PCI DDS compliance.Read MoreRead More