PCI DSS Certification
Did you know, 92% of card fraud occurs in small businesses? Fraudsters skim, clone and intercept customers’ card details on a daily basis. As a result, businesses all over the country are subject to huge fines, ranging between £10,000 – £500,000. Being PCI DSS compliant acts as an insurance policy providing you with financial protection if credit card fraud was to occur in your business.
What is PCI DSS?
PCI DSS is a mandatory annual assessment and set of requirements which were first introduced by Visa, MasterCard, American Express, Discover and JCB. It is enforced by all merchant acquirers in order to protect businesses and customers against credit card fraud.
If you process any card payments with a Card Machine E-Commerce Website, or a Virtual Terminal for over the phone payments you need to be PCI DSS Compliant.