PCI stands for the Payment Card Industry, referring to debit, credit, prepaid, ATM and POS cards and related businesses.  The governing body is the PCI Security Standards Council (PCI SSC) which is responsible for the implementation, dissemination,  development, enhancement and  storage of security standards for securing account data.

The PCI SSC has defined  security standards outlined by the  PCI DSS – Payment Card Industry Data Security Standards.  PCI dictates regulations on how organizations (retail, commercial or otherwise) must follow when storing, processing or transmitting their customer’s credit card data. The PCI standard dictates 12 requirements for security best practices as it relates to customer credit card data.  Of note; the PCI standard  does not dictate how you implement PCI compliance, only that you must ensure to comply to the 12 requirements.

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