PCI Compliance

Last Update: July 11th, 2023

What is PCI Compliance?

Payment card industry (PCI) compliance is mandated by credit card companies to help ensure the security of credit card transactions in the payments industry.

Who needs it?

Any business that transmits, stores, handles, or accepts credit card data, regardless of size or processing volume, must comply with the PCI DSS Standards. 

Who is responsible for it?

PCI Compliance is an ongoing process NOT a one time effort. Merchants (the Business Owner) are responsible for the financial management of their business operations i.e. decision makers responsible for the delegation of roles and responsibilities to facilitate financial and technical compliance as needed.

How do I get it?

Priority Payment Systems offers a free app, PCI Protection, to do the certification.

What happens if I am not compliant?

Non-compliance can lead to many different consequences, such as monthly penalties, data breaches, legal action, damaged reputation, and even revenue loss. Within Priority Payment Systems agreement, you will be charged a fee of $39.95 per month of non-compliance.