Are PCI Standards Helpful? Take the Survey and Tell Us Your Views
Payment Card Industry (PCI) standards represent the credit card industry’s attempt to self-regulate and protect consumers’ credit card data. The PCI Security Standards Council, which five major issuers (Visa, MasterCard, American Express, Discover and JCB) formed in 2006, organizes and supervises the new security standards. Already, an industry of sorts has formed to implement, monitor and test merchants’ compliance with these new standards. There’s the PCI Council itself, as well as Qualified Security Assessors who meet the Security Council’s criteria for supervision and analysis of the standards. There are consultants who help merchants understand it all, and merchant account providers (also known as acquirers) help enforce the new st...