The PCI DSS represents a common set of industry standards or best practices that help ensure the safe handling of sensitive information. These standards were established by the top credit card brands: Mastercard, Visa, American Express, and Discover.
PCI DSS is mandatory for all merchants and is a critical component in securing your customers’ payment card data and safeguarding your business. Compliance helps you create and maintain a positive image and enhance consumer confidence. Failure to comply can result in fines, cancelled accounts and reputational impacts to your business.
All merchants, regardless of size or POS solution, are required to achieve and maintain compliance with the PCI DSS. As part of this process, you will be aided by a Qualified Security Assessor (QSA) and (if using an IP connection) an Approved Scanning Vendor (ASV) and complete a self-assessment questionnaire and any required system vulnerability scanning.