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Dealers and acquirers are pivotal to securing the merchant payment environment.
For the past fifteen years, navigating the payment security landscape has been a constant struggle for merchants. It’s kept small business owners up at night and tested the mettle of information security professionals at even the largest retail chains. Those sleepless nights have only been exacerbated by the recent transition to EMV.
Payment security used to be relatively easy for merchants. In the early days, before the PCI DSS (Payment Card Industry Data Security Standard), card brands took the brunt of payment risk. That left merchants free to explore new commerce channels and payment acceptance vehicles without fear of repercussion in the event of a compromise.
A string of high-profile breaches and the simultaneous introduction of new, often mobile payment applications fueled a flurry of activity at PCI Security Standards Council, including the fast evolution of the PCI DSS to its current v3.1, the advent and maturation of the PA-DSS (Payment Application Data Security Standard), P2PE (point-to-point encryption) standards, wireless security protocols, and PIN security standards.
Read our free e-book, provided by our partners at Vantiv, on how to help secure your merchants’ payment processes.
Looking for more e-books? We’ve got you covered! Download our e-book on merchant mobility sales tips for more tips and info on the channel!