What is PCI Compliance & why is there a fine? PCI stands for “payment card industry” or you may see it as PCI-DSS which stands for “payment card industry data security standards”, it sets the credit card payment standards that we, business owners, need to comply with. So if your business accepts credit card or debit card transactions that stores, processes or transmits a cardholders data, you will be required to be PCI compliant. Heading the PCI is the PCI Council, which is composed of the … [Read more...]
By RedFynn