PCI Compliance
Q: What are the penalties for PCI noncompliance?
A: The payment brands may, at their discretion, fine an acquiring bank $5,000 to $100,000 per month for PCI compliance violations. The banks will most likely pass this fine on downstream till it eventually hits the merchant. Furthermore, the bank will also most likely either terminate your relationship or increase transaction fees. Penalties are not openly discussed nor widely publicized, but they can be catastrophic to a small business.*
PayDC Merchant Services allow you to be PCI Compliant with your credit card processing, as well as improve compliance throughout your entire practice.
If you process Credit Cards, you owe it to your practice and your patients to be safe.
Payment Card Industry (PCI) compliance is a complex and ever evolving subject affecting millions of businesses, including YOUR practice.
If you use payment plans and process credit cards, you have to be compliant or you may face serious fines.
Click HERE for more information on PayDC Merchant Services, including a FREE quote.
Click Here for the latest PCI Compliance news and articles at the PCI Compliance Guide website.*
*Source www.pcicomplianceguide.org
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