In order to become PCI DSS compliant, you must do everything you can to guard sensitive credit card information that you store, process, or transmit. Outsourced payment processing is one of the best ways to do this.
Outsourcing your payment processing is considered a best practice for PCI data storage. Why? Because often an internal infrastructure is not as secure as it could be, and reaching PCI compliance can be costly and time consuming so many companies just don’t think they have the resources or the ability to make things better.
At Braintree Payment Solutions we offer cost effective, efficient, and advanced solutions for all your outsourced payment processing needs.
There are a number of benefits to outsourcing payment processing that you should consider with making the decision to outsource your processing or take care of it in-house.
First: Knowledge and experience. Many companies have trouble becoming PCI compliant because there is such a steep learning curve. At Braintree we have PCI DSS experts that can help you get set up and continue working with you as your company grows.
Next: The number of security controls and the time it takes to reach compliance. Many companies underestimate these numbers. There are more than 200 individual controls that must be addressed, and this can take anywhere from 6 to 18 months to accomplish on your own. Outsourced payment processing, however, can help you achieve compliance in 30 to 60 days.
Finally: Security and support. With the standard continually changing and new threats always emerging, we don’t just solve the problems we make them go away.
As technology continues to evolve, so do threats to your system. It follows, then, that the industry mandated security requirements will also evolve. Trying to keep up with these changes can be yet another costly problem.
Outsourced payment processing, however, means you don’t have to worry about constant changes and upgrades. At Braintree we are always on the cutting edge of the industry and we will always maintain perpetual compliance. And even as your business continues to grow, you won’t outgrow our solutions, since our industry leading technology can be customized to suit your needs.
Don’t hesitate to start your outsourced payment processing service. Remember, it’s considerably less expensive to protect your data now, than to deal with the penalties of a security breach later.
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