What Every Merchant Needs to Know

Download 12 Key Requirements

Here are the basic questions that we always get asked:

  1. How do I get compliant – contact your credit card company and get set up to do a SAQ SAQ is the Self Assessment Questionnaire that every merchant is required to complete, it is required by the card brands. Most companies have a portal where you log in and put in the info – and if you need help there is always a toll free number to call to get you assistance.
  2. I have a computer POS System what do I do – answer the questions and get set up for a SCAN – any merchant using the internet must have their system scanned.
  3. What happens if we get breached? Some companies offer assistance or offer breach coverage so you are not out of pocket for the fines.
  4. My Computer Point of Sale system is running Windows XP – that product is not compliant and you need to find out how to get it upgraded or get a new system.

Below we outline more info about PCI – everything you wanted to know about PCI compliance and we know you did not want to ask!

The PCI Data Security Standards are a set of requirements created by the PCI Security Standards Council. You can download the exact specification HERE. The Council was founded by the five major card brands: VISA, MasterCard, American Express, Discover, and JCB. This industry consortium mandates handling of credit card information, classification of merchants, and validation of merchant compliance. As a merchant, you are responsible for the security of cardholder data and must be careful not to store certain types of data on your systems or the systems of your third-party service providers. You are also responsible for any damages or liability that may occur as a result of a data security breach or other non-compliance with the PCI Data Security Standards. The information security principles contained within these standards are the best practices drawn from the National Institute of Standards and Technology (NIST) and are from internationally-recognized standards for information security practices.

Below is a list of websites explaining in more detail the PCI requirements expectations of the following providers.

12 Key Requirements

Every year you must complete your SAQ – PCI Self Assessment Questionnaire.

Once you sign up for your merchant account you will get an email so you can log in and complete your PCI Self Assessment Questionnaire there is also a phone number to call so an experienced tech can walk you through the process, this should not take more then 15-20 minutes to complete and each year you will get an email and you will update your info.

For More Information contact us or book an appointment and a Nationwide Payment Systems Payment Professional will contact you to discuss your technology needs.