PCI Compliance

 

The Payment Card Industry Security Standards Council was founded in 2006 by American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa International with the goal of managing the ongoing evolution of the PCI Data Security Standard. No matter if you're a sole proprietor, SMB or large corporation, if you accept credit cards, you must comply with PCI Security Council standards.

Most businesses mistakenly believe that the only true risks associated with credit card payment acceptance are fraud, chargebacks, or zero interest reserve accounts. Yet failure to understand, implement, and maintain PCI compliance mandates can cost your company millions of dollars in fines and penalties if you experience a breach. Many companies have been put out of profitability for non-compliance; some have even lost their businesses.

If you experience a breach, a forensic investigation is required. You are financially responsible for the investigation that can range anywhere from $5,000 to $50,000. Most businesses that are investigated fail the investigation and found to be non-PCI compliant and pay significant fines. Maintaining PCI compliance is critical to keeping your data secure and reducing the risk of fraud.

Customers want to do business with companies they can rely on to safeguard their data. We help businesses find the right solutions that help them become and stay PCI compliant. The financial investment you make today to comply with the PCI Security Council standards is money well-spent if it helps you avoid paying thousands, or millions, after a breach.

Contact us today or schedule an appointment.

 
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