PCI Compliance: Ensuring Secure Transactions

Article, Compliance, PCI, PCI DSS, SAQ, Service

PCI Compliance: Ensuring Secure Transactions

Important Update:
Beginning March 31, 2024, all PCI DSS assessments must comply with the PCI DSS 4.0 standard.

The Payment Card Industry Data Security Standard (PCI DSS) sets the benchmarks for protecting credit card information. Whether you’re a small local business or a global enterprise, adhering to these standards is crucial to safeguarding your customers’ data. The PCI Security Standards Council, established by major card brands like Visa and MasterCard, ensures that every business processing credit cards maintains these security measures. For an in-depth understanding, you can explore the PCI Security Standards Council’s website.

Navigating PCI Compliance with Ease

Self-Assessment Questionnaires (SAQ)

Each year, businesses must complete a Self-Assessment Questionnaire (SAQ) to verify PCI compliance. This questionnaire simplifies the compliance process by breaking down PCI DSS requirements into straightforward yes-or-no questions. Your business’s PCI compliance level, along with our guidance, will determine which SAQ you need to file. Learn more about the SAQ process.

Understanding PCI Compliance Levels

PCI compliance is divided into four levels, reflecting your business’s transaction volume and associated risk. Visa, as a leading member of the PCI Security Standards Council, categorizes your business based on your Visa transaction volume over a year. Whether you process hundreds of transactions or thousands, your level determines your specific compliance requirements. For detailed information, visit Visa’s PCI compliance page.

Your Compliance Obligations

Even though we provide secure storage and processing of card data, you must still complete an annual SAQ to meet PCI compliance standards. Neglecting this responsibility can lead to significant fines and the loss of your ability to accept credit card payments.

How We Support Your PCI Compliance Journey

While PCI compliance might seem daunting, you’re not alone. Qualified Security Assessors (QSAs) are experts certified by the PCI Security Standards Council to guide businesses through the compliance process. A QSA can help you choose the right SAQ and assist you throughout the process.

We offer PCI compliance support to Lvele 1 and 2 merchants to ensure your business meets all necessary requirements. After your SAQ submission, you will receive an email with your account details.

Note: For detailed questions regarding compliance, we are available to provide guidance and assistance as needed.

Getting Started with Compliance

To utilize our compliance services, wait for an email from us containing your Merchant Account Number. This number, essential for enrollment, is different from your merchant account ID and merchant ID. If you no longer have the email, please contact us via email to request the information.

Note: For security reasons, we cannot provide your Merchant Account Number over the phone. The authorized signer on your account must email us to request it.

To Enroll:

  1. Go to the Compliance.IS SAQ Page.
  2. Submit your account details.
  3. Check your email, agree to the terms.
  4. Receive updates from your agent about your compliance status.