If you accept credit card payments, you’re likely familiar with PCI compliance and what it entails. If you accept credit card payments, or are considering it, and are NOT familiar with PCI compliance, be sure to take accurate notes on the information that follows.
PCI DSS Overview
Created in 2004 by the five global payment brands — Visa, Mastercard, American Express, Discover and JCB — the Payment Card Industry Data Security Standard (PCI DSS) is a security compliance requirement for businesses that handle credit cards. It was created to protect customer and cardholder data from cyber attacks and fraud.