In an e-store PCI DSS (Payment Card Industry Data Security Standard) is the single security standard for processing card payments and is supported by all banks, Visa, American Express and Mastercard. If your business accepts payment cards then it is compulsory to comply with PCI DSS, and you risk severe fines if you don’t. You can familiarise yourself with the standard at www.pcisecuritystandards.org. The increase in online scams has prompted the card industry to start more rigorous enforcement of PCI DSS. This spells danger for small and medium sized online merchants. The problem with PCI DSS is that it takes a seventypage document to describe it and although the regime for checking compliance is different based on the size of the merchant, the actual standard is the same.
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