The standards for the Payment Card Industry, or PCI Compliance, were developed by the major credit card companies to help merchants and other organizations protect themselves from fraud, hacking, and other possible intrusions.
Any company that stores, processes or transmits sensitive information must be PCI compliant or risk steep fines or even lose the ability process credit cards at all. These companies will also be required to validate their PCI compliance on a regular basis and standards and threats continue to evolve.
At Braintree Payment Solutions we can help you achieve PCI compliance by implementing our industry leading technology. Now you can be compliant in as little as 30 to 60 days rather than the usual 6 to 18 months, and at a fraction of the cost.
Requirements for PCI Compliance
There are 12 security requirements for PCI compliance. These are:
- Install and maintain a firewall configuration to protect cardholder data.
- Do not use vendor supplied defaults for system passwords and other security parameters.
- Protect stored cardholder data.
- Encrypt transmission of cardholder data across open, public networks.
- Use and regularly update anti-virus software.
- Develop and maintain secure systems and applications.
- Restrict access to cardholder data by business need-to-know.
- Assign a unique ID to each person with computer access.
- Restrict physical access to cardholder data.
- Track and monitor all access to cardholder data.
- Regularly test security systems and processes.
- Maintain a policy that addresses information security.
Some of these requirements are self explanatory, and some of them are vague and generalized. In the end, attaining PCI compliance can be very difficult to accomplish in-house. These requirements can lead to more than 200 controls that you need to address.
At Braintree we can provide you with the cost effective solutions that you and your customers can trust.
The Braintree Solution
At Braintree Payment Solutions we can help you with the burdensome tasks of compliance by employing our dynamic solutions, including:
- Transparent Redirect: Process credit cards without ever handling any sensitive payment data.
- SecureVault™: Remotely store all your sensitive data on our Level 1 PCI compliant system.
We can help you run your business efficiently and securely. Now you can access all your payment solutions from a single, trustworthy source.
What Can Braintree Do For You?
At Braintree we can help your business grow by helping you become PCI compliant and offering a full service payment processing platform. Our comprehensive business solutions include:
Get Started Today
The sooner you get started, the sooner you will experience the benefits of PCI compliance. Contact a representative now and we can help you smoothly implement the procedures and security to keep your important information safe.
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