The Compliance Standards Your Online Merchant Service May Not be Meeting

Pci compliance companies

Ecommerce sales grew from 72 billion USD in 2002 to 256 billion USD in 2011, suggesting a greater need for a safe way to conduct credit card processing online, and a greater need for third party credit card processing companies to offer more intensive security features.

If you are an online merchant service accepting credit card payments, you may want to consider working with a level 3 processing company. Level 3 credit card transactions typically involve either corporate credit cards or government issued cards, and generally require a higher level of security than lower level transactions.

Business buyers versus consumer buyers are also very different, so they require different online credit card processing systems. Working with a level 3 processing company to develop a secure online payment system could be the difference between secure transactions for you and your clients. While PCI compliance regulations ensure that online payment processing remains secure, a level 3 processing company can help your business to develop an efficient in house PCI compliance program that offers services including a virtual terminal, recurring billing, credit card storage, einvoicing, and a variety of custom reporting options.

PCI compliance companies, or the Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements designed to ensure that ALL companies that process, store or transmit credit card information maintain a secure environment. Essentially any online merchant service that has a Merchant ID. By ensuring that your online merchant service is PCI compliant, you can ensure your customers of the safety of their information and protect your company in the event of a security issue.

With online payment services, customers can be billed via email, making processing credit cards significantly easier. If your online merchant service is looking for a comprehensive solution for payment processing of your internet merchant accounts, working with a level 3 processing company may be the solution you are looking for.

Leave a Reply