All companies and merchants who accept credit card transactions are obligated to protect and secure the sensitive data and their customers!

Introduction to PCI DSS

The truth is that every business need accumulate revenue from its users. Nowadays, this revenue is made by businesses and users who are using credit cards (credit or debit card) online or offline. In order to address the concern and need about the protection of the card information, the companies Master Card, Visa, Discover Financial Services, American Express, and JCB decided to create a set of rules that would be applicable for all businesses of all sectors. These set of rules and standards require companies and merchants who accept payment cards to stand by and accept these use of standards known as PCI DSS or the Payment Card Industry Data Security Standard.

PCC DSS Compliance

The Payment Card Industry Data Security Standard compliance requires all companies that process, store, and transmit credit card data (financial institutions, service providers, and merchants) to implement the system of rules and ensure the credit card data is safe and secure. The Payment Card Industry Data Security Standard is relevant for all payment channels such as brick-and-mortar or retail, e-commerce, and telephone or mail order. The PCI DSS provides a single approach to protecting important data for all credit card brands.

The PCI DSS Compliance involves these few requirements:

  • Maintain and install a firewall configuration to protect cardholder data
  • Protect stored cardholder data
  • User and update anti-virus software
  • Restrict access to cardholder data
  • Restrict physical access to cardholder data
  • Test security systems and processes
  • Don’t user vendor-supplied defaults for system passwords
  • Encrypt the transmission of cardholder data across public and open networks
  • Develop and maintain a secure systems and applications
  • Assign a unique ID to each person with computer access
  • Track and monitor all access to network resources
  • Maintain a policy that addresses information security

QuickBooks PCI DSS

The merchants in 2011 were obligates to enable complex passwords so that they can proceed to process credit card payments in QuickBooks. A complex password is password that includes at least 7 characters, at least 1 number, and 1 uppercase letter.

More types of information are encrypted in QuickBooks to welcome PCI DSS compliance such as credit card numbers, billing information, customer names, and etc.

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