Be Careful if your Business Handles Credit Card info
For any business that accepts payment with credit cards, you need to think about PCI compliance.
PCI stands for “Payment Card Industry”. What are PCI standards?
PCI standards are not laws, but regulations imposed by payment card companies. In order to accept Visa, Mastercard, Discover, or American Express, you have to fulfill certain contractual obligations to ensure the safety of customer data.
For small businesses such as e commerce businesses, it especially comes into play if you accept phone orders. After all, the e-commerce orders through your website probably are secure. But what if someone calls you on the phone? Do you just write credit card info on a piece of paper before processing it? What do you do with that paper? What should you do?
If you are local to the Charlotte area, you may want to consider attending a free seminar from JStengel Consulting. They have a free information seminar coming up at the Lake Norman Chamber of Commerce on April 1st. (No, it’s not an April Fools joke.)
We are not affiliated with JStengel in any way. We met them at the Lake Norman Expo the other week for the first time. Yet, three from our office will be attending their meeting.
This is important to us. If you handle credit cards, it should be to you also.
Here’s a pdf whitepaper with more info on the meeting.