How do I know if PCI applies to my business?
If your business accepts credit cards, whether over the internet or on paper, then PCI applies to your business. The general rule states that if you process, store or transmit cardholder data then you must adhere to the Payment Card Industry Data Security Standard v2.0 (PCI DSS v2.0) which prohibits maintaining credit card information in multi-tenant environments. The PCI Security Standards Council (PCI SSC) has officially released the PCI DSS v3.0 compliance standards, but much remains to be done before merchants, service providers and the auditors will know how the new mandates will impact the payments industry. Keep checking our website to stay up to date.