What is PCI-DSS?
The PCI DSS (Payment Card Industry Data Security Standard), a set of comprehensive requirements for enhancing payment account data security, was developed by the founding payment brands of the PCI Security Standards Council, including American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc. International, to help facilitate the broad adoption of consistent data security measures on a global basis.
The PCI DSS is a multifaceted security standard that includes requirements for security management, policies, procedures, network architecture, software design and other critical protective measures. This comprehensive standard is intended to help organizations proactively protect customer account data.
To find out more about the standard please visit:
https://www.pcisecuritystandards.org/security_standards/pci_dss.shtml
What does PCI mean in layman's terms?
PCI-DSS compliance has arrived and promises to change the way most charities store, transfer and process credit card data.
Simply put, if you are storing credit card data, such as to initiate recurring payments against a donor's card, then according to PCI-DSS you are required to complete SAQ D (Self Assessment Questionnaire) which requires you to meet certain compliance standards around the technology, systems and processes you use to manage that data.
For most charities, meeting this compliance standard requires the investment and maintenance of costly technology, systems and processes, and keeping abreast of any future changes to the standard.
To help charities become PCI-DSS compliant, 2 Donate offers a range of services that remove the need for charities to store credit card data while allowing normal business processes to continue (such as performing batch payment runs).
This service includes a free consultancy to analyse your current PCI requirements, the provision of batch processing compatible with Token IDs and the provision of specific user rights for charities using third parties who might be collecting credit card on the charities behalf.
To see a demonstration or receive further information please contact us on info@donate.co.nz, or call us on 0800 4 2 Donate
