DEFINITION
Payment Card Industry Data Security Standard (PCI DSS)
Glossary / Payment Card Industry Data Security Standard (PCI DSS)
PCI DSS is a set of security standards developed by the major card networks to protect cardholder data. It applies to any business that stores, processes, or transmits payment card information. Requirements include encryption, firewalls, access controls, and annual security assessments. Non-compliance can lead to fines, data breaches, and termination of processing services.
If you accept card payments, PCI compliance is not optional. Keeping your environment secure protects your customers and reduces liability. You should also train staff on PCI basics and review compliance annually to stay up to date with evolving standards.
AltoPay offers PCI-compliant integrations and tools to simplify your audit process.
For more than a decade, Jessica Velasco has been a thought leader in the payments industry. She aims to provide readers with valuable, easy-to-understand resources.
