A leading (Payment Card Industry Data Security Standard) PCI-DSS Consulting Service provider, we’re the go-to partner for companies accepting, managing, saving, or sharing credit card information. We have an excellent track record of helping companies achieve this compliance within the Card Scheme mandated or regulator-prescribed deadlines.
At Green Method, the extra mile of effort we take has ensured success for companies embarking on their first compliance journey. It’s a complex process with several process-requirements, and we are adept at streamlining all change-implementations.
The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards designed to ensure that ALL companies that accept, process, store, or transmit credit card information maintain a secure environment. The PCI DSS applies to ANY organization, regardless of size or number of transactions, that accepts, transmits, or stores any cardholder data.
The Payment Card Industry Security Standards Council (PCI SSC) was launched on September 7, 2006, to manage the ongoing evolution of the Payment Card Industry (PCI) security standards, with a focus on improving payment account security throughout the transaction process. However, it is important to note that the payment brands and acquirers are responsible for enforcing compliance, not the PCI council.
All merchants will fall into one of the four merchant levels, based on Visa transaction volume over 12 months. Transaction volume is based on the aggregate number of Visa transactions from a merchant Doing Business As (‘DBA’). In cases where a merchant corporation has more than one DBA, Visa acquirers must consider the aggregate volume of transactions stored, processed, or transmitted by the corporate entity to determine the validation level. If data is not aggregated, such that the corporate entity does not store, process, or transmit cardholder data on behalf of multiple DBAs, acquirers will continue to consider the DBA’s individual transaction volume, to determine the validation level.