Processing Companies Request PCI Compliance

Learn How Being PCI COMPLIANT Actually SAVES YOU MONEY!

At my job working for a small Utah Independent Sales Office for a Credit Card Processing organization, I have business owners that call in all the time complaining about having to be PCI Compliant. The saddest part is that most of them don’t even know what it means to be PCI Compliant or why it is important to their business. 

As a business owner, it is crucial to make your business as secure as possible – especially online. In today’s world it is so vital to make sure that you are doing everything you can to avoid fraud and identity theft, both for yourself and for your customers. This is why PCI Compliance is required and why most ISO’s charge extra if you are not PCI Compliant.

Mark Dunn, the president of Field Guide Enterprises said, "An ISO has to be able to show that they're proactively taking steps to get their small to medium-sized merchants to comply with PCI requirements, ISOs want their merchants to comply because it's less risky."

Being less risky, as a business owner, should always be a number one priority for you, not just for the ISO with which you are working. If you are a business owner wanting to make sure your account is secure and that you are PCI Compliant, you will actually save yourself more money immediately and in the long haul.

ISO’s and Credit Card Processing Fees are going to charge you higher fees for not being compliant, because you are not secure. So it only makes sense to sign up to be PCI Compliant with a trusted company.

1.                    Your Credit Card Processing bill will be cheaper because you won’t be charged any non-compliance fees.

2.                    If any fraud was to occur while you are compliant, then they will help protect you and cover any losses.

To be a successful business owner, be PCI Compliant. It will also help you save money, thereby increasing your profits.