Earning your customers' trust through PCI compliance
Your business strives to not only grow in profitability, but also in maintaining a solid customer base. All of your valuable customers depend on you in order to safeguard their personal information, which can be achieved through compliance with PCI Security Standards. In light of recent, massive data hacks, consumers across the country are growing wary of merchants' abilities to protect their financial and sensitive information.
Being PCI compliant means your customers can shop with confidence at your place of business, according to the PCI Security Standards Council. Without this compliance, your business could be in danger of canceled accounts, payment card issuer and government fines, lawsuits and more.
Despite the fact that businesses must be PCI compliant any time they accept any form of card payment, it is also vital to know that PCI compliance is a component, not a full solution, according to CR80 News. The established Payment Card Industry Data Security Standard (PCI DSS) is a guideline of security measures merchants must undergo in order to maintain this compliance. Some of the most basic procedures for compliance include guidelines for firewalls, vulnerability testing, user authentication and more.
"Understandably, there is no one size fits all solution," ITProPortal writes. "Compliance levels depend on the size and nature of a business, and knowing where to start can prove a daunting task due to ever changing rules and regulations. What is clear is businesses need to seek expert advice on deploying the right solution... [to] become and remain PCI compliant."
In order to simplify the PCI compliance process for merchants, Vantage maintains a proud partnership with ControlScan, an Approved Scanning Vendor (ASV) through the PCI Council and vital vendor of security solutions. In order to know what level of PCI compliance your business requires, ControlScan tools will help guide you through the Self Assessment Questionnaire (SAQ) and also answer any questions you may have along the way. We want to assist you in earning and retaining your customers' trust through staying PCI compliant.