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ISOs and Agents can assist merchants with PCI compliance

November 18, 2011

According to many industry experts, ISOs and agents can help assist clients by offering them resources that will make complying with the Payment Card Industry data security standards easier to comply with.

According to many industry experts, ISOs and agents can help assist clients by offering them resources that will make complying with the Payment Card Industry data security standards easier to comply with.

American Banker reports that service providers can equip merchants with virtual terminals to store payments at off-site locations in the cloud. Another way to increase security is to use replacement numbers for credit cards on a temporary basis, to keep the actual numbers safe should a data breach occur.

In an interview with the source, David Wallace, group manager of merchant compliance for card processing company Chase Paymentech, said implementing the security measures was becoming easier for merchants.

PCI compliance overall is becoming more attainable,” he told the news outlet. “A lot of that is due to the nature of the process. We’ve got a good standards lifecycle in place and there’s a methodology to update those standards in response to changes in the threat environment.”

The PCI Council recently made headlines after it announced that it would be focusing on cloud computing, risk management and ecommerce after taking a vote from members. 

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