What Are Payment Card Industry Standards?

The Payment Card Industry (PCI) Data Security Standard (DSS) is a comprehensive set of requirements designed to ensure that cardholder credit and debit card information remains secure, regardless of where and how it is collected, processed, Transmission and storage.

PCI

(Payment Card Industry Data Security Standard)

Right!
The Payment Card Industry (PCI) Data Security Standard (DSS) is a comprehensive set of requirements designed to ensure that cardholder credit and debit card information remains secure, regardless of where and how it is collected, processed, Transmission and storage.
(Payment Card Industry (PCI) Data Security Standard).
The PCI DSS was developed by the founding members of the PCI Security Standards Committee (including American Express, Discover Financial Services, JCB, MasterCard Worldwide, and Visa International) to encourage international adoption of consistent data security measures.
The requirements in the PCI DSS are for companies and institutions that need to process cardholder data during daily operations. Specifically, PCI DSS places requirements on financial institutions, traders, and service providers that process cardholder data throughout the business day. PCI DSS includes a list of requirements related to security management, policies, procedures, network architecture, software design, and other measures to protect cardholder data.

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