Thursday, October 1, 2009
How Compliance Affects You
Are You Protecting Your Customers
Did you know that 92% of card data compromises take place in small businesses with low volume? Many merchants think that the majority of data compromises take place utilizing internet transactions. In fact, 70% of the compromises take place at brick and mortar businesses rather than on the internet. As a business owner, you absolutely need to make certain that you are compliant with PCI DSS standards. Just because your credit card processor is billing you for PCI compliance fees, does not certify that you are specifically compliant.
The opportunity to process credit/debit cards is a great way to grow your business and give your customers the payment options they have become accustomed to. In order to make the most of this opportunity, your customers have to trust that their card information will be handled in a responsible manner and that they can safely utilize these cards for purchases. We all share in the opportunity to demonstrate that credit/debit cards are a safe and convenient way to pay.
Merchants today are at risk for lawsuits and fines from the card associations for any type of data breach. In addition, the reputation of your business can be placed at serious risk if it becomes publicly known that your customers’ card information has been compromised."
Do yourself, and your customers a favor and CLICK HERE to get compliance facts. There you will find a checklist that will guide you thru important issues that you need to be aware of and will point you to specific corrective actions that you should take.
Did you know that 92% of card data compromises take place in small businesses with low volume? Many merchants think that the majority of data compromises take place utilizing internet transactions. In fact, 70% of the compromises take place at brick and mortar businesses rather than on the internet. As a business owner, you absolutely need to make certain that you are compliant with PCI DSS standards. Just because your credit card processor is billing you for PCI compliance fees, does not certify that you are specifically compliant.
The opportunity to process credit/debit cards is a great way to grow your business and give your customers the payment options they have become accustomed to. In order to make the most of this opportunity, your customers have to trust that their card information will be handled in a responsible manner and that they can safely utilize these cards for purchases. We all share in the opportunity to demonstrate that credit/debit cards are a safe and convenient way to pay.
Merchants today are at risk for lawsuits and fines from the card associations for any type of data breach. In addition, the reputation of your business can be placed at serious risk if it becomes publicly known that your customers’ card information has been compromised."
Do yourself, and your customers a favor and CLICK HERE to get compliance facts. There you will find a checklist that will guide you thru important issues that you need to be aware of and will point you to specific corrective actions that you should take.
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