Thursday, February 22, 2007

Payment Security

In a recent issue of Business Solutions Magazine, senior editor Dan Schell talks about the need for payment security knowledge. He states that retailers who accept credit card payments need to understand the Payment Card Industry Data Security Standard (PCI DSS) which he says,"outlines what merchants must do regarding the security of credit card data."

Retailers can learn about this standard at

Schell also explains that thieves are targeting smaller retailers to get credit card information. Member of the RSPA (Retail Solutions Providers Association) Brad Holaway says, "Some merchants don't even know they are at risk...But if a credit card security breech is traced back to a merchant, the fines could potentially exceed $500,000. And that's just the cost of the fine."

Consultants at One Step Data provide free Business Analysis and can help a retailer prevent possible future breeches. Contact a representative if you would like to speak with someone about your payment security or point of sale technology.