pci compliance
pci compliance - In the early days of online business, Visa / Mastercard information was not properly stored or protected. Many of these online businesses were hacked into and credit information was stolen. This resulted in online fraud and credit card theft which cost the credit card companies a fortune. This brought about the creation of a set of rules by the credit card industry to try and minimize this online fraud. These rules are known as PCI (Payment Card Industry) Compliance. Online businesses offering credit cards as a payment option, must comply with these sets of rules in order to ensure website security, protect credit card user information, and ensure they don't become barred from accepting credit cards.
Regular business owners in their zeal of conducting online sales, might forget that many external threats exist that are waiting to destroy online businesses. So it is essential to keep your website safe from these potential threats. If you don't put in the time and effort to ensure that your website is PCI compliant and are then broken into and end up losing your credit card holder information, you'll face huge fines as well as the loss of the ability to use credit cards as a payment option in any future online business venture you might start.
Online businesses that store credit card user information must comply with these rules, created by the PCI Security Standards Council (founded by Visa / Mastercard). Websites must be tested and monitored on a quarterly basis. According to PCI compliance rules, it is imperative that a scanning check is done once every three months. An Approved Scanning Vendor (ASV) will run a few thousand automated security tests on your website to check for potential outside threats and viruses. Business owners also have to fill in an online questionnaire, which you submit to your acquirer along with your PCI Compliance report, which you'll get if your website is detected as safe. Running these kinds of tests is beneficial to an online business as it identifies early on if potential threats exist, and if so, lets you fix them before a hacker "fixes" them for you.
Customers who enter their personal information on websites expect business owners to protect their data by providing appropriate security. PCI compliance is an investment for business owners. Everyone involved benefits, including the business owner and customer. When potential shoppers see that your online business is safe, their confidence to buy increases as a result of this. If you make certain that your website is processing secure transactions, potential customers will take note that problems will be unlikely.
A few ASV's offer a displayable web seal as a bonus for websites to display. This web seal is generally approved by a third party once a site has been determined to be secure. Showing off a good web seal on your site helps to increase your websites' credibility and trust factor. Good public perception will greatly benefit your online business by drawing more visitors and increase conversions and sales.
pci compliance - So ensure your website is PCI compliant, it will keep your credit card merchant account provider happy, and it will also help keep your website safe.
Regular business owners in their zeal of conducting online sales, might forget that many external threats exist that are waiting to destroy online businesses. So it is essential to keep your website safe from these potential threats. If you don't put in the time and effort to ensure that your website is PCI compliant and are then broken into and end up losing your credit card holder information, you'll face huge fines as well as the loss of the ability to use credit cards as a payment option in any future online business venture you might start.
Online businesses that store credit card user information must comply with these rules, created by the PCI Security Standards Council (founded by Visa / Mastercard). Websites must be tested and monitored on a quarterly basis. According to PCI compliance rules, it is imperative that a scanning check is done once every three months. An Approved Scanning Vendor (ASV) will run a few thousand automated security tests on your website to check for potential outside threats and viruses. Business owners also have to fill in an online questionnaire, which you submit to your acquirer along with your PCI Compliance report, which you'll get if your website is detected as safe. Running these kinds of tests is beneficial to an online business as it identifies early on if potential threats exist, and if so, lets you fix them before a hacker "fixes" them for you.
Customers who enter their personal information on websites expect business owners to protect their data by providing appropriate security. PCI compliance is an investment for business owners. Everyone involved benefits, including the business owner and customer. When potential shoppers see that your online business is safe, their confidence to buy increases as a result of this. If you make certain that your website is processing secure transactions, potential customers will take note that problems will be unlikely.
A few ASV's offer a displayable web seal as a bonus for websites to display. This web seal is generally approved by a third party once a site has been determined to be secure. Showing off a good web seal on your site helps to increase your websites' credibility and trust factor. Good public perception will greatly benefit your online business by drawing more visitors and increase conversions and sales.
pci compliance - So ensure your website is PCI compliant, it will keep your credit card merchant account provider happy, and it will also help keep your website safe.