Knowledgebase

Payment Card Industry (PCI) compliance refers to a set of standards created to help protect payment card data from exposure that could lead to financial loss. The area of PCI compliance which applies to merchants and service providers is called the PCI Data Security Standard (PCI DSS). The PCI DSS consists of requirements developed by the PCI Security Standards Council which was founded by the major Payment Brands. The goal of these requirements is to implement consistent data security procedures across the payment card industry. Validating PCI compliance is a requirement that the Payment Brands have put in place as a proactive measure to address data security needs.