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What is PCI compliant?


Corporate Services
Business Angel
Sep 15, 2009
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For making any offshore business we have to open Merchant Account to pay and receive money through it.The Banks and financial institutions provides the facility to open such Accounts.I have very little knowledge about the concept of "PCI compliant" of such payment Gateway.What does it mean?Why a Payment gateway should be PCI compliant?
PCI compliance

This should help you:

"The PCI Security Standards Council (pcisecuritystandards.org) is an open global forum for the ongoing development, enhancement, storage, dissemination and implementation of security standards for account data protection.

The PCI Security Standards Council’s mission is to enhance payment account data security by driving education and awareness of the PCI Security Standards. The organization was founded by American Express, Discover Financial Services, JCB International, MasterCard Worldwide, and Visa, Inc."

In general, anyone who deals with shoppers data through the credit card processing flow should adhere to the PCI standards. There are different levels of compliance- relating to the different the different players involved in the transaction.

You need to make sure your merchant account provider is compliant (ask for a certificate!) , If not, look for another one ( you can find few here

CreditCardProcessing-r-us.com) and try to learn from him if you are subject to any compliance requirements (DSS?).

Dan Pirogovsky

Co founder and SVP BD

This Moneybookers.com - Fees - Online Payments - Money Transfers is the website to study in regards to PCI compliancy, it is the most accurate information you can get on this topic, also taking in consideration that it is a complicated process for many to saty compliant.
Also you can check this post:

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