Over the years, South African retailers have come under increased pressure to gain PCI DSS (Payment Card Industry Data Security Standards) Compliance. This has resulted in a great deal of confusion, increased complexity within the retailer’s environment and raised concerns around ROI.
Input from banks, PCI assessors, payment processors, hardware vendors and network suppliers have added to the confusion, resulting in more questions than answers. What is the true value of PCI DSS Compliance? Is it all just a money making machine? Is it worth the time, cost and effort? How long can it be delayed?
These questions are particularly relevant in today’s tough economic climate and fiercely competitive retail market.
This beginner’s guide aims to assist retailers in understanding the PCI reality and help them navigate through their PCI Compliance journey.