the bureau main site    |    blog home    |    contact us
Meeting the Payment Card Industry Data Security Standard (PCI DSS)
27th October 2011
The rules and regulations governing the security of credit card payments are changing and forcing companies who accept credit card payments online to be compliant with one of 4 levels of security compliance. The level will depend on the numbers of transactions per year. Small companies and insurance broker firms processing fewer than 20,000 transactions a year need comply with level 4, the lowest and simplest level.

Most companies use a credit card Payments Provider like Sage Pay, Worldpay and others on which the actual card transaction details are gathered and stored on the Providers secure servers using their security that is PCI compliant.

However, things are beginning to change with some banks insisting that their merchants prove they are PCI compliant before providing them with a merchant account for online credit and debit card processing, even if these are all currently being processed through a compliant Payment Provider.

You will not be surprised to learn, therefore, that there are now companies springing-up to carry out PCI audits. Indeed some banks have already put in place there own arrangements, which they may insist their mechant account holders use.

Sage Pay offer a simple Online Self Assessment sevice through a third party that currently costs £72 per annum for Level 4 users. You can read about this at their Website at Your bank may be happy with your current arrangements but as we all know the thirst for more business rules and compliance checks remains insatiable.

Share this post : Digg it! Add to Del.Icio.Us Stumble It! Google Bookmarks YahooMyWeb Facebook  
Cyber Security - simple steps
14th August 2017
Your business will be hacked. Are you prepared for it?
26th July 2017
Is your IT security good enough to meet today's threats?
10th July 2017
Cyber Management By Objectives
29th June 2017
Training - Plugging the Gap in Cyber Security
9th June 2017
Archive posts
Copyright © The Bureau