The new PCI DSS standard V4.0 was released in March 2022. Organisations have up to March 2024 to update and comply.
In 2022 overall PCI DSS compliance stood at only 43.4% of organisations maintaining full compliance.
PCI Compliance for eCommerce
Protecting your customers and your business from credit card fraud is a major consideration in ecommerce. Any business accepting online credit card payments needs to be compliant with the Payment Card Industry Data Security Standard (PCI DSS) in order to combat online credit card fraud.
PCI DSS aims to protect the individual’s personal information through proper security when credit card transactions are processed. The PCI DSS was set up by the Payment Card Industry Security Standards Council. The founding members of the Council include American Express, MasterCard and Visa.
12 Requirements of PCI DSS
Under PCI DSS you, as the merchant, must:
Three major elements of PCI compliance
Protecting your customers’ data is central to how Xanthos creates and launches your ecommerce website. Xanthos only works with PA-DSS compliant ecommerce software, and PCI-DSS certified web hosting providers, to make sure that your store is safe and secure.
PCI-DSS requirements are a set of requirements issued by the PCI Security Standards Council (PCI SSC) and supported by major card brands. They apply to all organisations which store, process, or transmit cardholder data.
We make sure our sites are compliant by making sure we follow the following rules: