Credit Card Security Initiatives
Thursday, June 12th, 2008The credit card associations employ stringent data protection compliance requirements for merchants (the people taking the credit card from the customer) and merchant service providers (the companies transferring the funds from the customer bank account to the merchant bank account). Two specific programs, the Payment ard Industry (PCI) Data Security Standard and the Payment Applications Best Practices PABP), are vital to the long term success of your business. We encourage you to read the upcoming series of blogs which will outline the basics.
To optimize security and reliability, we strongly recommend that all merchants and their web hosting/development company be compliant with the PCI Data Security Standard.
The series of articles (distributed over the next few weeks) will only be a summary of the PCI Data Security Standard requirements. This information will not be comprehensive and should not be substituted for official PCI documentation. For more information about the PCI Data Security Standard, see Mastercard or Visa