PAYMENT CARD INDUSTRY - DATA SECURITY STANDARD (PCI-DSS)

OrecX

Abstract:

The Payment Card Industry (PCI), which consists of American Express, Discover Financial Services, JCB International, MasterCard Worldwide, and Visa Inc. established the PCI Security Standards Council in September 2006. The aim of the council was to establish a set of rules that merchants and service providers must comply with in order to accept payments through the credit and debit card apparatus set up by the card vendors. While the Council is managed by the card industry, membership is open to any organization that participates in the payment processing system, including merchants, processors, POS vendors, and financial institutions.

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