PCI DSS Compliance and Different Levels for Businesses
Meant to control the payment card industry’s (PCI) security standards, the PCI Data Security Standard (DSS) is a set of standards used to authenticate the security of the processing, storing, and transmitting of card information. With this, you can ensure the account security of the entire transaction process. Whether you are a merchant or enterprise, a credit card processor, an acquiring bank, a card payment processing network, a financial institution, etc., it is critical that your business be PCI compliant.
Why Should Your Business Have PCI DSS Compliance?
When PCI DSS compliance is imperative for a business that processes card transactions to protect sensitive information, the Security Standards Council (SSC) of the PCI, which governs the PCI compliance, has no legal right to force the compliance. Nevertheless, by having it, you survive by maintaining and trusting relationships...