If your company stores, processes, or transmits credit card data, you are required to be PCI compliant. Whether you’re a small merchant processing thousands (Level-1) of credit card transactions per year, or a large company processing over 6 million (Level-4) a year, the requirements of PCI affect your business.
Many small companies and startups are now relying on service providers such as Stripe, Square, Shopify for payment processing. While many of these services cover many of the requirements of PCI, it is still your responsibility to be compliant end-to-end. If you accept credit card numbers and post them to an API in the background, you are responsible for the split second the data is on your servers. Smaller companies can achieve compliance fairly quickly. Generally, the only requirements necessary are regular compliance network scans, completion of a self-assessment questionnaire, and completion of an attestation document. Larger companies have more requirements, but generally the impact is minimal because more resources are available for compliance.
Let us help you find out what compliance framework is best for your business.
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