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Connect Payment Attestation: make editing documents online simple

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How to Connect Payment Attestation

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Analyze your compliance level. Advertisement. Fill out the self-assessment questionnaire. Make any necessary changes. Find a provider that uses data colonization. Complete a formal attestation of compliance. File the paperwork.
Although the PCI DSS must be implemented by all entities that process, store or transmit cardholder data, formal validation of PCI DSS compliance is not mandatory for all entities. Currently, both Visa and MasterCard require merchants and service providers to be validated according to the PCI DSS.
In general, PCI compliance is required by credit card companies to make online transactions secure and protect them against identity theft. Any merchant that wants to process, store or transmit credit card data is required to be PCI-compliant, according to the PCI Compliance Security Standard Council.
If a data breach occurs, and you're not PCI-compliant, your business will have to pay penalties and fines ranging between $5,000 and $500,000. If you're not PCI-compliant, you run the risk of losing your merchant account, which means you won't be able to accept credit card payments at all.
The PCI's founding members American Express, Discover Financial Services, JCB International, Mastercard and Visa introduced PCI DSS 1.0 in December 2004. All merchants accepting credit cards as well as other payment processing organizations were required to comply with the new standard.
Some merchants may also be charged a PCI non-compliance fee, if they fail to maintain proper security standards and procedures as outlined by their credit card processor. PCI compliance fees typically range from $35 to $99 per year, while PCI non-compliance fees are commonly around $20 per month.
The entire process of becoming PCI-compliant usually takes between one day and two weeks. The actual time for compliance will be dependent on how long the self-assessment questionnaire takes to complete. In addition, the business will need to pass a PCI scan.
There is only one way for a consumer to tell if a website is PCI-compliant. If the website accepts credit card payments, it is compliant. If the site sells merchandise and does not accept payment, it is not compliant.
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