article thumbnail

How to Choose Right PCI SAQ for Your Business

VISTA InfoSec

In the world of digital transactions, businesses handling payment cards must demonstrate their data security measures through the Payment Card Industry Self-Assessment Questionnaire (PCI SAQ). Completing the SAQ is a key step in the PCI DSS assessment process, followed by an Attestation of Compliance (AoC) to confirm accuracy.

PCI DSS 130
article thumbnail

PCI requirements and who needs to follow them

Basis Theory

Today, the framework introduced in the early 2000s outlines 12 PCI requirements that merchants must satisfy to process credit card transactions on the card networks. Failure to meet these standards could result in fines or bans as a merchant or service, rendering you unable to process payments or send payment data with the major networks.

PCI DSS 88
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Payments Providers Combat The Conflict Between Security, User Experience

PYMNTS

But cloud migrations are often complex, particularly when it comes to remaining compliant with the mounting regulatory initiatives designed to address growing security risks in the financial services arena. Other regulations adding weight to financial service providers’ compliance burden include Europe’s PSD2 and the U.K.’s

Security 101
article thumbnail

Help with PCI Self-Assessment Questionnaire

Cardfellow

If your business does not fall into the categories listed above, be sure to check the PCI DSS website for the full list of SAQ types. If youre still unsure which one applies to your business, be sure to check with your credit card processor or review the PCI websites longer explanation of SAQ types.

article thumbnail

New York Proposes Major Changes to Cybersecurity Regulation

FICO

The requirements also mandate that organizations include these enhanced standards in their contracts with third-party service providers. The NYDFS requires data encryption not just for data in-transit but also for data at-rest. Annual certification.

article thumbnail

5 Reasons Why Collecting Payments with a PDF Form Isn’t PCI Compliant

EBizCharge

This article will explore five reasons why using PDF forms for payment collection doesn’t meet PCI DSS requirements, highlighting the risks and security gaps inherent in this method. What is PCI compliance? Can outsourcing help with PCI compliance? Can outsourcing help with PCI compliance?

PCI DSS 52
article thumbnail

Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

Payment Gateway A service that enables merchants to accept electronic payments from customers through a website or mobile application. Payment Processor A third-party service provider that facilitates electronic payments and transfers funds between the merchant’s bank account and the card issuer.

Process 52