PCI and Why it is Important

Contributed by Michael Mozingo

Millions of credit and debit card transactions are completed daily. Credit and debit card usage is steadily increasing, and with it, so is the treat of fraud. With the increase of payment card fraud, it is important for the merchants who accept these types of payments to have a common standard in place to provide security in keeping card holder information safe. This is where the Payment Card Industry, Payment Card Industry Security Standards Council (PCI SSC) and the Payment Card Industry Data Security Standards (PCI DSS) come into play.

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