Posts Tagged ‘OSCommerce Payment Compliance’
What is PCI Compliant Requirements for E-Commerce Stores
Wednesday, February 24, 2010 @ 02:02 PM Author: admin
PCI DSS is a set of comprehensive requirements for enhancing payment account data security established by American Express, Discover Financial Services, JCB International, MasterCard Worldwide, and Visa Inc. International. It was developed to help the broad adoption of consistent data security measures on a global basis. All merchants that process, store, or transmit payment card information for American Express, Discover, JCB, MasterCard, or Visa are required to be PCI DSS compliant.
- What It Is: Security Standard developed by the payment card industry.
- What It Does: Establishes requirements for protecting cardholder data.
- What Is Required: Specific technical steps to protect cardholder data.
- Penalties for Non-Compliance: Range from fines to loss of card processing privileges.
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