Five founding global payment brands
The Council’s five founding global payment brands, American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc. have agreed to incorporate the PCI DSS as the technical requirements of each of their data security compliance programmes. Each founding member also recognises the QSAs, PA-QSAs and ASVs certified by the PCI Security Standards Council.
All five payment brands share in the Council’s governance. They have equal input into the PCI Security Standards Council, and share responsibility for carrying out the work of the organisation. Other industry stakeholders are encouraged to join the Council as participating organisations, and review proposed additions or modifications to the standards.
Valitor is PCI DSS compliant and has a wealth of experience in card processing
We recommend that all merchants should become compliant with the PCI Data Security Standards. PCI DSS compliance can bring major benefits to businesses of all sizes. Failure to comply can have serious, and long-term negative consequences.
If there is a security breach from within your organisation and you are unable to prove compliance with PCI DSS, you may be liable for any losses that arise. This could mean a large fine imposed by The Card Schemes, or a ban on accepting cards altogether. Don’t let that happen to your business.
Note that enforcement of merchant compliance is managed by the individual payment brands and not by the Council – the same is true for non-compliance penalties.
You can find out more about PCI Compliance by visiting the PCI Security Standards Council website.
If you think you are not PCI DSS compliant all you need to do is contact us and we’ll have you up and running in no time. There are no difficult forms for you to complete, we take care of all the hassle for you – leaving you to concentrate on your business.