Term – PCI DSS (Payment Card Industry Data Security Standard)
Summary – The PCI DSS is an extensive set of best practices which is meant to keep sensitive card data safe. The goal of this standard to reduce fraud by protecting both consumers and businesses’ from data breaches. It is important that any merchant processing company that offers a cash discount program or any program, embraces the PCI DSS. Doing so ensures that your customer data is being handled the best way possible based on current standards.
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