How Do I Reduce the Cost and Risk of PCI Compliance?

The PCI Data Security Standard requires merchants to deploy effective security measures to protect cardholder data from misuse. The cost of doing so can be steep, but it doesn’t have to be prohibitive. Here are two ways that merchants can not only reduce the cost of PCI compliance, but enhance the protection of their cardholder data as well.

Don’t Store Cardholder Data

Replace cardholder data with tokens from a PCI-certified service provider like Paymetric. The token can be used within your enterprise for reporting, repeat customers and recurring transactions. This eliminates the need for costly encryption and key management technologies, reduces the scope of PCI compliance and removes your ERP from the scope of PCI compliance audits, and renders a data security breach virtually futile – ultimately keeping your organization out of the headlines. Learn More

Don’t Use an On-Premise Payment Application

The Payment Application Data Security Standard (PA-DSS) applies to all companies that utilize an on-premise, installed payment application – placing the company squarely in the crosshairs of PCI compliance, with all the attendant costs and risks. The easiest way to reduce the cost of PA-DSS and PCI compliance is to utilize a 3rd party PCI-certified service provider like Paymetric in place of an on-premise application. Doing so shifts the PCI burden to the service provider and away from your organization. Learn More