Due to the threat of identity theft and compromised account information, ElitePay Global offers PCI compliance services to merchants, particularly small to mid-sized businesses. As a payment solutions company, ElitePay Global helps businesses protect themselves and consumers from credit card fraud by using hardware and software products that comply with the Payment Card Industry Security Standards Council.
In an effort to protect merchants and consumers, the Payment Card Industry (PCI) Security Standards Council serves as an organization comprised of representatives from major credit card suppliers who work together to standardize security initiatives. Merchants must comply with the security standards set forth by the organization, and they must prove they possess the required technology and understanding of security measures to maintain compliance during transactions. Validating a merchant’s compliance involves on-site audits and assessment questionnaires completed annually. Quarterly scans of a merchant’s electronic payment activity occur, as well.
To learn more about PCI compliance and standards and preventing payment fraud, visit the organization’s website at www.pcsecuritystandards.org.