PCI DSS stands for Payment Card Industry Data Security Standard.
The PCI DSS is a set of security standards designed to ensure that ALL companies that accept, process, store or transmit credit card information maintain a secure environment.
The PCI DSS is administered and managed by the PCI Security Standards Council (PCI SSC), an independent body that was created by the major payment card brands (Visa, MasterCard, American Express, Discover and JCB). Although the PCI SSC administers these standards, the payment brands and acquirers are responsible for enforcing compliance. Learn more at pcisecuritystandards.org.
According to reports from The Privacy Rights Clearinghouse, over 11 billion consumer records have been compromised from over 8,500 data breaches since 2005. When you stay compliant, you are part of the solution to fighting payment card data compromise, and customers know they can trust you with their sensitive card information.
To avoid non-compliance fees, you must complete a quarterly or annual assessment (dependent upon your processing solution). You will receive a PCI Welcome email to create your login when you open a new merchant account with us. Use that login to complete your PCI assessment.
PCI assessments can be complicated, but we’re here to help!
You can also complete your PCI compliance questionnaire over the phone if you prefer –
If you need additional assistance and would like to book a three-way call with a Polaris team member and PCI support, you can do so below.