PCI is a set of standards dictated from the major credit card providers in the market, such as Visa and Mastercard, working together to ensure the safety and security of credit and debit card data. The Payment Card Industry Data Security Standard (PCI DSS) is the specific set of requirements designed to ensure that all companies that process, store, or transmit credit card information maintain a secure environment.
Failure to adopt and follow the standards may result in severe penalties.
Identity theft is important to all of us. Failing to follow these standards will not only amplify the merchants’ risk of data breach and fraud, but failure to adopt and follow the standards may result in severe penalties if a security breach is discovered to be a result of non-compliance. Businesses, and even the owners themselves, failing to comply correctly may be denied the right to process card transactions altogether in additional to the crippling financial burden of fines.
Maintaining a safe and secure system is only part of the necessary steps to ensure PCI Compliance. Following January 1st, 2019, all merchants are required to process credit card validations with at least PCI DSS version 3.2.1. Organizations wishing to be compliant and avoid penalties must evaluate their current compliance level, assess their security systems, remediate and fix vulnerabilities, and submit reports and documentation in order to file successfully.
There is no easier way to become PCI Compliant than working with the experts at APS Payments who will guide you every step of the way.
Even though the process for becoming PCI compliant is somewhat straightforward, many technical standards can be confusing if you are not an expert in credit card processing and data security. If you are concerned about your ability to become PCI compliant on your own, it is a good idea to seek help from an outside authority that has expertise in PCI compliance and other data security best practices.
The good news is that APS Payments is a 100% PCI-DSS compliant and integrated payment processing solution. We develop, maintain, and support our PCI Compliant credit card processing software to ensure that your business is secure and compliant with each transaction. There is no easier way to become PCI Compliant than working with the experts at APS Payments who will guide you every step of the way.
APS Payments offers flexible and integrated payment solutions for every business. APS Payments is a gateway and processor that is trusted by thousands of merchants daily to process payments and works diligently to get you the lowest credit card processing rates, reduce your risk of breach, chargebacks, fraud, and provide the best solutions for your business. Batch processing, seamless integrations, and automation tools such as recurring billing increase your business’ efficiency and improves cash flow. From multiple payment methods to multiple currencies, we provide trustworthy service for every business and every payment. What’s more, we do this all at a negative cost to your company. APS Payments is seamlessly integrated with hundreds of ERP, accounting, eCommerce, POS, and Mobile applications. If a prebuilt integration is not available for the business solutions you use, an API is available to develop a custom integration and our in-house development team is on standby to help. When it comes to payments, don’t settle for less than APS!