PCI Compliance & Solutions

Security & Compliance

Security &
Compliance

Data security is more important than ever, especially for a business that accept electronic payments. Customers and businesses expect their cardholder data to be used safely, and processed securely, to avoid any challenges with identity theft. As a leading provider of merchant services, Transaction Services provides you with leading technology solutions focused on data security that greatly reduces the possibility of identity theft.

All card associations (American Express, Discover, MasterCard, Visa) embrace a single standard, the Payment Card Industry Data Security Standard (PCI DSS), to ensure the protection of cardholder data. All businesses accepting credit/debit cards are required to comply with the PCI DSS. Transaction Services helps you understand these PCI compliance standards, and to meet them, with our industry expertise and constant focus on ensuring that your data and your customers’ data remains safe and secure.

Details are available at the PCI Security Standards website.

PCI DSS Summary

  • Build and maintain a secure network
  • Protect cardholder data
  • Maintain a vulnerability management program
  • Implement strong access control measures
  • Monitor and test regularly

Compliance with PCI DSS helps reduce your exposure to fraud losses that can result from the theft of cardholder data. It also increases consumer confidence, which could result in higher sales for your business.

PCI Compliance Steps

Requirements differ based upon the number of transactions processed by a business and your credit card processing environment.

Transaction Level Details

Depending on your POS environment, you will likely need to complete a Self Assessment Questionnaire (SAQ) and have mandatory quarterly network scans. The SAQ contains multiple choice questions designed to understand your card acceptance and processing environment. The quarterly network scans identify those external facing IPs that are not secure through vulnerability testing. Unsecured systems could provide an opportunity for hackers to steal valuable cardholder data, leading to a data compromise or security breach.

Transaction Services also works with you to complete or review your PCI DSS (Payment Card Industry Data Security Standard).

Support

Understanding the facts about PCI compliance can be tough to do alone.