PCI-DSS EXPLAINED
Monday, June 7, 2010
If you are a store owner, are you sure you aren't liable for a $500,000 fine? If you are not sure then you should check your compliance with PCI-DSS requirements. . The Payment card industry data security standards, or PCI DSS are a set of guidelines proposed by the PCI Security Standards Council back in 2004 to maintain payment card safety and fight fraud. In order for a retail system to be classified as PCI compliant, and thus authorized to process payment cards, it must follow the guidelines outlined in PCI DSS. There are two versions of DSS, and the latest one, 1.2 comes in effect in just a month. The requirements are the same across North America.
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