Warning

What Is PCI and Why Is It Important?

The Payment Card Industry (PCI) Data Security Standard is a joint creation of Visa, Mastercard, Discover and American Express. In response to the growing severity of credit card theft, the PCI Standard was created with the goal of protecting cardholder data wherever it may reside. The PCI has developed industry wide standards for card data security to be followed by both merchants and providers alike.

If you sell online and accept credit cards, then you MUST be PCI compliant. The deadline to become compliant has passed and it’s not something you can claim ignorance toward.

If you are using a hosted solution, your provider must be CISP Certified and appear on Visa’s approved list. (Simply hearing your provider say they’re compliant means nothing unless they are actually on Visa’s certified list). If you host your own store, then you must go through the very time consuming and costly process of becoming certified on your own.

These non-compliant hosted solutions are unable to achieve certification due to either not having the required capital to complete certification, not having the knowledge or manpower to code and configure the elements needed for a secure platform.

Non-PCI/CISP Compliant Merchants Face:

  • Class-action lawsuits
  • up to $10,000 in monthly fines
  • up to $500,000 in fines (per incident)
  • Losing the ability to process transactions altogether
Check to see if your cart is PCI Compliant

Volusion tops the ecommerce industry with its secure data infrastructure and is proud to provide its customers with a network that is 100% CISP certified.

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