What is PCI DSS and why is it so important?
PCI DSS, or Payment Card Industry Data Security Standards, is a strict set of standards designed to protect the cardholder’s data from credit card fraud and misuse. The PCI Security Standards Council is an organization dedicated to the development and implementation of security standards for protecting credit card data. PCI Data Security Standards are developed and implemented by a collaborative effort from American Express, Discover Financial Services, JCB, MasterCard Worldwide, and Visa International. If your retail software isn’t compliant with PCI DSS, you may be subject to hefty fines. It’s critical that you choose PCI-compliant retail software that will protect your customers’ credit card information as well as your business. Learn more about the 12 requirements of PCI DSS.