PCI Compliance applies to every merchant who is accepting credit cards large or small. Refusing or delaying to become PCI Compliant can end up being a costly mistake.
If you accept any credit or debit card payment, you need to be PCI Compliant no matter the volume is.
PCI applies to any company, organization or merchant of any size or transaction volume that accepts, stores or transmits cardholder data. Any merchant accepting payments directly from the customer via credit or debit card must be PCI Compliant.
The merchant themselves are responsible for becoming PCI Compliant, as the deadline for merchants to become Compliant is long overdue
Understanding and knowing the details of PCI Compliance can help you better prepare your business. Failing and waiting to become compliant or ignoring them, could end up being an expensive mistake.
The VISA regulations have to adhere to the PCI standard forms part of the operating regulations, the regulations signed when you open an account at the bank. The rules under which merchants are allowed to operate merchant accounts.