Merchant Payment Processing: What You Really Need to Know About PCI DSS

The ability to take payment by credit or debit card is considered a vital tool by most business that have a merchant account, but it does also open them up to the possibility of receiving fraudulent transactions. Payment Card Industry Data Security Standards (PCI DSS) is a security standard that was put in place to regulate any organisations that store, transmit or process sensitive credit or debit card information. Keeping payments as secure as possible Businesses who have PDQ machines to take payments, have a certain amount of security built into the system anyway, but PCI DSS is designed to further reduce the risk of fraud and provide a level of protection to the consumer as well.…