Regulatory Compliance, Governance and Security

Jan 17 2009   3:26AM GMT

PCI DSS Compliance for Merchants and Service Providers | Compliance is MANDATORY



That’s right. Compliance for the Payment Card Industry Data Security Standards, simply known as PCI DSS, is mandatory for all merchants and many service providers. How mandatory? Enough for MN Governor Tim Pawlenty to sign into law and codify various provisions of the PCI DSS mantra. Mandatory in that even small merchants processing only a handful of payment transactions (credit, debit, gift cards) have to conduct their own self-assessment for PCI DSS, or obtain help from an external PCI QSA or other qualified payment card specialist. The just of it is this-PCI DSS compliance is not going away, rather, it will only become more paramount in the years ahead. The key to comply with PCI DSS is to know what level you fall under regarding compliance and what needs to be done for that respective level of compliance. Turn to to learn all you need to know about the Payment Card Industry Data Security Standards compliance.

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