What is PCI Compliance and it’s Value?
The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards formed in 2004 by Visa, MasterCard, Discover Financial Services, JCB International and American Express. Governed by the Payment Card Industry Security Standards Council (PCI SSC), the compliance scheme aims to secure credit and debit card transactions against data theft and fraud. While the PCI SSC has no legal authority to compel compliance, it is a requirement for any business that processes credit or debit card transactions. [...]
