The Payment Card Industry (PCI) Standard applies to every organization that processes credit or debit card information, including merchants and third-party service providers that store, process or transmit credit card/debit card data.
This new set of guidelines and operational requirements went into effect June 30th, 2007, and companies outlined above are now required to adhere to the PCI standard. Failure to comply with the Payment Card Industry security standards may result in heavy fines, restrictions or permanent expulsion from card acceptance programs.
Download this Astaro OrangePaper to learn more.
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