1 / 5

a-detailed-guide-to-pci-non-Compliance-fees!

If your business fails to comply with Payment Card Industry (PCI) standards, you could be subject to non-compliance fees.

mark114
Télécharger la présentation

a-detailed-guide-to-pci-non-Compliance-fees!

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. A Detailed Guide to PCI Non-Compliance Fees! If your business fails to comply with Payment Card Industry (PCI) standards, you could be subject to non-compliance fees. PCI compliance is the set of security standards designed to protect customer information and reduce the risk of fraud when processing credit card payments. As a business that accepts credit cards, it’s important to understand these standards and the consequences of failing to comply.

  2. Non-compliance fees vary greatly depending on your payment processor, but they can range anywhere from $5,000-$100,000 depending on the level of violation. In addition to these fees, you may also be subject to fines or penalties imposed by card networks such as Visa and Mastercard.

  3. There are a few things you can do to reduce the risk of incurring pci non-compliance fees. The first is to make sure you understand and comply with all PCI requirements, including regular security scans and data encryption. You should also keep up-to-date on any changes or updates to these standards. Finally, ensure your staff receives proper training on how to process payments securely, including not storing sensitive customer data.

  4. Non-compliance fees can be a costly consequence of failing to adhere to PCI standards. To avoid these fees and safeguard your customers' information, make sure you understand the requirements and take all necessary precautions to ensure your business is always in compliance. By following these guidelines, you can protect your business from non-compliance fees and ensure a secure environment for your customers.

  5. https://www.hostmerchantservices.com/

More Related