|
Jan 06
2010
|
A Payment Card Industry compliance protocol, better known as PCI compliance aims to protect personal information and to offer security when using payment cards in an online environment. As important and significant move for sure and one which will impinge on the entire payment card industry to comply. For an industry moving to engage with many more people in conducting transactions online it is an imperative as credit cards remain the preferred choice for consumers. A failure to meet the standards may mean fines from banks and credit card companies, or even the loss of the ability to process credit cards.
