Mid Market Commercial Firms Are You PCI Compliant?

According to industry sources “The average corporation under budgets PCI (Payment Card Industry Compliance) by 40%. Any company, mom and pop shops to fortune 50 corporation that processes credit card information need to be PCI compliant. Penalties for non-compliance are severe and are enforced by the banks such as Visa, MasterCard, American Express and others through fees plus increases in transaction cost. For the mid market, a doubling of the transaction fee charge will have a much larger impact on its cost to productivity. Terry Quinn-Andry, Compliance Solutions Manager for Cisco Systems joins me to discuss PCI requirements for mid market corporation. We’ll explain PCI benefits, exposure of non-compliance and how to avoid penalties. If you’re responsible for PCI compliance, then you need to listen to this podcast