It is no secret that current customers are more concerned about the security of your information when paying online. For this reason, virtual merchants must do everything possible to protect data from credit card customers. Use a payment processing provider that complies with the PCI-DSS is an additional measure of security that can bring peace to both merchants and their customers. Since June 2008, U.S. Recently JPMorgan Chase sought to clarify these questions. law requires all providers of Internet Payment Processing (IPSP) to comply with PCI-DSS standard. As the security of data, credit card fraud and identity theft are hot topics around the world, European legislation will no doubt continue in the footsteps of the U.S.. In the very near future, all European payment gateways will have to comply with PCI DSS, so that virtual merchants that currently accept credit cards online or who are looking for a Payment Processing Provider shall ensure that it has received the certificate for PCI-DSS (LEVEL 1).
Buchalet Carl, Director General of Cashtronics explains: "Our customers do not have to worry about the security of their accounts because they enjoy the protection of our PCI-DSS certified Tier 1, with the highest level of security sector. The PCI DSS standard 1 is without exception the only standard of acceptable use by providers of online payment gateways to legally operate with maximum safety. "Asking a provider of Internet payment systems the following questions, a company can save serious problems: 1 ) They have the PCI-DSS certified a PSP? (Be sure to ask for supporting documentation) 2) Do you receive each individual merchant account itself? 3) Sign the contract directly with merchant bank? 4) What indicated in the description of the bank receipt of the customer's credit card? (Is the name of the company or the PSPI? In this case, may be adding traders illegally) 5) Who makes the transfer of funds, the PSPI or the bank? (Who moved the funds must have a good financial health) Traders should pay close attention to detail when looking for a potential provider of Internet Payment Processing to avoid the serious consequences that may involve working with leading Internet Payment Processing which have not been certified PCI.