The creation of Payment Card Industry compliance, better known as PCI compliance aims to protect personal information and to offer security when using payment cards. Because of its importance, there is the need for the whole payment card industry to comply with the standards in case they wish to accept credit cards.  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.

What are PCI data security standards, what is PCI compliance, and how does all this affect my business?

Payment Card Industry data security standards are a framework that should be adhered to by any organisation taking payments by debit or credit card. If your business relies on some form of eCommerce hosting, both you and your data centre services provider need to be PCI compliant.