PCI compliance, also known as payment card industry compliance, is where companies offering processing to merchants comply with the standards and set of requirements as provided by the PCI – DSS, also known as the payment card industry data security standard. Starting Business can advise PSPs on achieving PCI compliance and can find an appropriate compliance issuer for you.
PCI compliance is achieved by conforming and meeting the set of rules set by the PCI DSS and is a necessary compliance in order for PSP’s to offer merchant accounts to merchants. PCI compliance demonstrates to merchants using the PSP that the business complies with the necessary industry standards and is legally permitted to offer merchant accounts and process electronic payments for merchants.
All organizations storing card and card holder data online are legally required to be PCI compliant including PSPs processing transactions in a secure encrypted format. The purpose for obtaining compliance is to enhance the levels of payment card data security.
Our team of dedicated and professional consultants are experienced in helping payment services providers in achieving PCI compliance, and are available to guide you through every step of the way.
Starting Business consultants can help you obtain your PCI compliance certificate by helping you administer the relevant documentation to apply to the compliance issuer. We can also advise you on how to maintain your PCI compliance standards by operating your business in a certain way in line with relevant rules and regulations.
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