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Simpay

What Is PCI-DSS

PCI Data Security Standard for Merchants & Processors (PCI DSS) is the global data security standard that all businesses must adhere to in order to accept payment cards such as Visa, MasterCard, Discover, and American Express.

The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements designed to ensure that all companies that accept, process, store or transmit credit card information maintain a safe and secure environment for consumers. Every business, from Main Street to Wall Street, accepting credit cards must be PCI-DSS Compliant.

Complete your PCI-DSS SQL

For business owners, it means you are making sure your customers' credit card information is kept safe throughout every transaction and that your customers can have confidence their payment card information is protected. PCI-DSS compliance protects your business against the hassles and costs associated with data breaches.

How Simpay helps you stay compliant

We’ll help you bring your business into compliance. Every credit card terminal, POS system, and gateway we provide is fully compliant, making your transactions safe and secure for your business and your customers.

Our PCI-DSS partners will walk you through your initial PCI-DSS questionnaire and scan and send you regular reminders, so you can keep up to date.

Why is PCI-DSS Compliance so important?

Being PCI compliant makes your business more secure and less likely a target for cyber criminals and payment fraud. 71% of all security breaches target small to medium size businesses.

Theft

28,765 records are stolen on average per data breach.

Target

69% of cyber-attacks target retailers and restaurants.

Cost

Cybercrime costs the global economy $575 billion and the U.S. economy $100 billion annually.

*Sources: InTelligence, 2015 & https://www.pcicomplianceguide.org/pci-faqs-2/

For more information about PCI-DSS standards and procedures, visit the PCI Security Standards Council.