Friday, October 8, 2010

Follow PCI DSS When Going to Accept Credit Card Payment Processing

accept credit card payment processingPCI-DSS (Payment Card Industry Data Security Standard) is a guideline of rules and procedures to make sure that confidential information stored on credit cards is held to the utmost secure measures. So, it has always been assumed that if a company abided to these standards, they would be less prone to feel the effects of an intrusion.

"The Verizon Payment Card Industry Compliance Report gives organizations an unprecedented view into the state of PCI compliance across the board, specifically pointing out which requirements are most difficult to meet," stated VP at Verizon Business, Peter Tippett. "We hope this report will help organizations approach PCI compliance in a more informed and effective way. Ultimately, we want the same thing as the rest of the industry: fewer payment card losses and data breaches."

Having the ability to accept credit card payment processing helps promote business. But if data breaches effect customer’s trust in your store, business will decrease. Abiding by the PCI DSS standards will help to ensure that your company is protected.
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