This white paper discusses the background of the Payment Card Industry Data Security Standard (PCI DSS), its commercial and technological implications. It includes a case study of implementing the PCI DSS Standard and how this experience could help you to reduce lead times, lower audit costs and reduce infrastructure expenditure for your own business’s PCI compliance programme.
Every merchant that processes card payments and retains card payment details must adopt the Payment Card Industry Data Security Standard (PCI DSS). Failure to do so can result in merchants being subject to substantial fines, higher transaction costs or ultimately the suspension of banking facilities.