You’ve just made the decision that you want to start an online business. You’re going to sell products on the internet which also means that you need to find the best payment methods, but you’re not sure what are the requirements for merchants.
PCI compliance is mandatory for every eCommerce merchant that accepts credit or debit card payments on their website. All information entered by customers is sensitive data, so it must be well-protected.
Due to the increased possibilities for identity theft and different kinds of frauds connected with credit cards, a decade ago Visa and MasterCard proposed a mechanism for increased data security for the credit card providers, merchants, banks and other financial institutions. The proposal led to developing quality PCI compliance security standards.