What Is PCI Compliance?
PCI compliance is a program of strict yet specific laws which set out the responsibility for companies to take any possible risk related to the payment card systems (PCS). The program was created to prevent fraud and deal with any case where security breaches can happen.
There are two basic forms of the PCI: EU and E-UK. Here are some tips on how to choose the correct form for your company.
– E-UK is applicable for companies registered in the European Union (EU). It is a voluntary process and involves at least one third of all the listed companies and must be completed by them before they are considered to be fully compliant.
– E-EU is applicable for companies registered in the European Union. This form is required for all companies registered in the EU who are not in the E-UK format.
– EU is applicable for companies not registered in the European Union. The only requirement is that they should register their payment cards systems and their suppliers in the EU to comply with the laws and regulations in place.
– PII stands for “processor integrated circuits” and are sometimes called key performance indicators or just “KPI”. These are used by companies to monitor their processes and identify and fix any possible security threats and failures.
– A Web address is the general term for a physical address in a corporate directory. In other words, you can either find your company on a website or be connected to your company through a portal.
– The most important feature of any Web site is the presence of a contact form. It is the first step towards having an online business and having a website will provide you a platform to communicate with customers and potential customers.
– A Web portal allows you to control all your company’s operations and their key technologies, assets and functions. It is a single point of access for all the parties in your company, allowing you to send e-mails, store files, upload your databases and so on.
– A vendor agreement is a legal document made by your company to sell its goods or services on the Internet. These agreements require you to disclose all the terms and conditions of your transactions, including the types of payment methods you offer, the data storage policies you need to have, and even the fees you will pay for your business.
– Web sites are an important component of a company, as it enables you to reach customers and to interact with your clients and prospects. However, when you implement PCI compliance on your company’s website, it will allow your company to have a presence on the Internet and promote your products and services.