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What is the difference between PCI Compliance, PCI DSS and the PCI Data Security Standard?

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What is the difference between PCI Compliance, PCI DSS and the PCI Data Security Standard?

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PCI DSS is an abbreviation for PCI Data Security Standard, the worldwide information security standard set by the Payment Card Industry Security Standards Council to help control and minimize points of risk to fraud or compromise of sensitive information. PCI Compliance is an adherence of the way your business handles information to the PCI DSS standard.

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