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The 12 PCI DSS Requirements to Ensure PCI Compliance

Stax

If merchants are exposed to security vulnerabilities when processing digital payments, the risk of cardholder data falling into the wrong hands increases exponentially. This is why PCI DSS compliance is critical. In this article, we’ll discuss why your business needs to ensure PCI compliance and what the 12 PCI DSS v4.0

PCI DSS 88
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PCI requirements and who needs to follow them

Basis Theory

Today, the framework introduced in the early 2000s outlines 12 PCI requirements that merchants must satisfy to process credit card transactions on the card networks. Failure to meet these standards could result in fines or bans as a merchant or service, rendering you unable to process payments or send payment data with the major networks.

PCI DSS 88
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Securing Financial Transactions: Best Practices Amidst Cyberattacks on Payment Processors

Segpay

Recent cyberattacks on payment processors: The BitMark attack. Compliance with Industry Standards Your business should comply with industry bare minimums like Payment Card Industry Data Security Standard (PCI DSS). These guidelines significantly reduce the risk of your business’s vulnerability to data breaches.

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How to Accept Payments Online: Credit Cards, ACH, eChecks and more

EBizCharge

When a customer purchases on a merchant’s website, the payment gateway securely collects and transmits the payment information to the payment processor or acquiring bank for authorization. Therefore, merchants should offer popular payment options that provide consumers flexibility and robust security features to protect sensitive data.

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A Comprehensive Overview of Salesforce

EBizCharge

Security: Salesforce adheres to stringent security protocols, such as PCI compliance, multi-factor authentication (MFA), and advanced data encryption, to safeguard payment data. Encryption, fraud detection systems, and regular security audits protect business financial information and customer payment data.

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What Is Data Tokenization and How Does It Work?

Stax

Tokenization vs encryption Data encryption is another popular data security technique where data is transformed into an illegible format. In contrast, tokenization does not depend on keys or encryption algorithms, as random data is mapped to and replaces sensitive data.

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What to Know About Tokenization

Basis Theory

As a merchant, to understand tokenization for your own benefit, it’s critical to understand: What tokenization is, why it’s important for payments, and how it compares to encryption. How tokenization applies to being PCI compliant and meeting the 12 PCI DSS requirements. Return to Top Why use a tokenization platform?