Dane Bronson on May 20, 2020 0 Select Language Powered by uk companies email list Google TranslateTranslate PCI compliant is a term used to define the merchants, card issuers, and any other credit card processing entity that operates in any kind of commerce area. Although compliance is not necessarily regulated through a strict set of rules, it is mandatory through court precedent. The people in charge of making sure that clear guidelines are outlined are the ones working for the Federal Trade Commission.
They make sure that certain key aspects of data security is being observed by all parties involved in any transaction and also oversee the way credit card companies set and maintain their standards when it comes to respecting the privacy of the cardholder. They are usually helped by The Card Association Network and the National Automated Clearing House. What Is PCI DSS? The letters in PCI DSS stand for Payment Card Industry Data Security Standard and refer to the standard agreed upon in 2004 by most major credit card brands including Visa, MasterCard, and American Express.