When it comes to the day-to-day operations of your business, you have a lot on your plate. With fraud and data security threats constantly evolving, you need to be aware of safety measures to keep your customer card data protected. The Payment Card Industry Data Security Standard’s (PCI DSS) main purpose is to help keep your systems secure, so your customers can trust you with their sensitive payment card information and reduce the risk of debit and credit card data loss. PCI solutions contain technical requirements that protect card payment information during processing and storage of data.  Here are a few reasons to make complying with PCI DSS a priority:

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  1. Importance of Being PCI Compliant: Large or small, it’s important for all businesses accepting card payments to make sure you’re doing everything you can to protect cardholder information.  A data breach compromises your customer’s trust in your business and can be extremely costly, or even put you out of business.
  2. Understanding the Threats: Criminals look for and use any vulnerability to access cardholder information.  Skimming, malware, and phishing are just a few of the ways they try to gain access to the information.  It’s important to be aware and have systems in place that help reduce and prevent risks associated with processing card information.
  3. Benefits of Working with a PCI Vendor: Let’s face it, PCI Compliance may be confusing and time consuming.  Working with a certified PCI vendor that specializes in supporting businesses with the compliance process can help alleviate confusion, reduce the amount of time involved with maintaining compliance, and help make security best practices a part of your day-to-day operations.  Our vendor, SaferPayments, offers a managed option that does just that.  SaferPayments provides a higher level of support with dedicated agents who can provide step-by-step guidance through the process.

Making sure your business is PCI compliant offers peace of mind to not only you, but your customers as well.  No matter the size of your business, you have an opportunity to prevent a data breach.  At Arvest, providing solutions to help your business secure payments is a top priority. Our Merchant Relationship Advisors are proud to offer local and knowledgeable assistance. To learn more about Arvest Merchant Services fraud and data security tools, visit arvestmerchantservices.com.