What is PCI-DSS compliance?

Payment Card Industry Security Standards
PCI security standards are technical and operational requirements set by the Payment Card Security Standards Council to protect cardholder data. The standards globally govern all merchants and organisations that store, process and transmit this data – with new requirements for software developers and manufactures of applications and devices used in these transactions. Compliance with the PCI set of standards is mandatory for their respective shareholders and is enforced by the major payment card brands who established the Council : American Express, Discover Financial Services, JCB International, MasterCard and Visa.

By 30 September 2009, every merchant will have to meet certain Payment Card Industry Data Security Standards (PCI DSS). The level of compliance required will depend on how online payments are processed, along with the volume of transactions.

While PCI DSS compliance is essential to any business, it can be a complex, time-consuming and a laborious task. With M.O.M. v7i Dydacomp has achieved PCI-compliance and this should provide new and existing customers with the ability to sleep well at night knowing that all their card data is being stored as required by the Payment Card Security Standards Council.

More information can be found at: https://www.pcisecuritystandards.org

A quick guide can be found at: https://www.pcisecuritystandards.org/pdfs/pci_ssc_quick_guide.pdf

Of the 12 steps that you need to compete in order for your organisation to be PCI-compliant Multichannel Order Manager has achieved the 6 that relate to solution providers (see below). PCI-compliance is extremely difficult to achieve on your own, this is why version 7i was developed, we are here to take the pain away!