Category: Software

PCI Compliance – Payment Card Industry Data Standards

Payment Card Industry Data Standards (PCI) VISA Cardholder Information Security Program (CISP)

PCI/CISP defines the standard for securing Visa and MasterCard cardholder data, wherever it is located. Compliance is required of all entities storing, processing, or transmitting cardholder data. Acquiring Banks must comply with CISP/PCI and are responsible for ensuring the compliance of their merchants for all payment channels, including retail (brick-and-mortar), mail/telephone-order, and ecommerce.

BankCard Central offers the world’s leading PCI Compliance Program through PCI ToolKit. This partnership provides BankCard Central merchants with discounted services to meet the Payment Card Industry (PCI) data security standards.  We will walk you through ever step of the process and ensure it is as pain-free as possible.

What is PCI?

In response to the overwhelming occurrences of credit card data theft by hackers, Visa and Mastercard have developed the Payment Card Industry (PCI) Data Security Standard. This standard is also being enforced by American Express, DicoverCard and JCB. It must be implemented by all merchants and their web hosts, shopping cart vendors and payment processing providers. Those who do not comply face fines up to $500,000 and the possibility of being bared from accepting credit card payments in the future.

PCI Compliance is Fast and Easy

Working directly with Visa and MasterCard, ScanAlert has developed a unique, accurate and easy to use “PCI Wizard” making PCI compliance more affordable and more reliable for merchants of all types and sizes. This service automates completion of your self-assessment questionnaire (SAQ), automatically initiates quarterly scans for vulnerabilities and generates the necessary PCI compliance reporting. This PCI Compliance Service provides everything BankCard Central clients need to be certified.

Services Include:

  • Quarterly security scans of up to 6 domain names or IP addresses.
  • Full vulnerability remediation support from CISP certified security specialists.
  • Unlimited telephone tech support.
  • Assistance completing the self-assessment questionnaire.

What is a Credit Card Processor?

Shopping online is as popular as shopping at stores these days. This allows people the opportunity to save time and money, and is often much more convenient than going out to the store and dealing with the price of gas, traffic and customers. As a result, a number of businesses are looking to add their wares online, in online stores. Many people are unaware that when they open an online store it will need a credit card processing company in order to be successful.

Today there are many security risks involved when it comes to ordering and paying for items online with a credit card, so you will want to make sure your customers feel secure when using their credit card online. When you open up a store online with a credit card processor, you are protecting yourself along with your customer. A credit card processor is a third party business which will request the money from the card company on behalf of your company. This helps to ensure that you will not be liable for any fraud in the credit card processing that occurs on your site. You will not need to check the security of your business when it comes to credit card purchases, because your credit card processing company will take care of this for you. As a result of a credit card processor, you will always be entitled to your money and you will not have to worry about the validity and security of the card.

A credit card processor takes the guesswork out of credit card processing functions when it comes to security. If you want to be a success with your online items and online store, it is a good idea to make sure your company is protected when it comes to credit card processing by implementing a third party credit card processor onto your online store today!