PCI requirements and who needs to follow them
Basis Theory
OCTOBER 1, 2024
Third-Party Service Provider ( TPSP or "service provider") refers to an entity other than the Merchant, Acquirer, or Issuer involved in storing, processing, or transmitting card data. Don't, however, let the term "merchants" fool you. Typically, these fines range from around $5,000 to $100,000.
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