PCI Compliance - Payment Card Industry Data Standards

Payment Card Industry Data Standards (PCI) VISA Cardholder Information Security Program (CISP)

PCI/CISP defines the standard for securing Visa and MasterCard cardholder data, wherever it is located. Compliance is required of all entities storing, processing, or transmitting cardholder data. Acquiring Banks must comply with CISP/PCI and are responsible for ensuring the compliance of their merchants for all payment channels, including retail (brick-and-mortar), mail/telephone-order, and ecommerce.

BankCard Central offers the world's leading PCI Compliance Program through PCI ToolKit. This partnership provides BankCard Central merchants with discounted services to meet the Payment Card Industry (PCI) data security standards.  We will walk you through ever step of the process and ensure it is as pain-free as possible.

What is PCI?

In response to the overwhelming occurrences of credit card data theft by hackers, Visa and Mastercard have developed the Payment Card Industry (PCI) Data Security Standard. This standard is also being enforced by American Express, DicoverCard and JCB. It must be implemented by all merchants and their web hosts, shopping cart vendors and payment processing providers. Those who do not comply face fines up to $500,000 and the possibility of being bared from accepting credit card payments in the future.

PCI Compliance is Fast and Easy

Working directly with Visa and MasterCard, ScanAlert has developed a unique, accurate and easy to use "PCI Wizard" making PCI compliance more affordable and more reliable for merchants of all types and sizes. This service automates completion of your self-assessment questionnaire (SAQ), automatically initiates quarterly scans for vulnerabilities and generates the necessary PCI compliance reporting. This PCI Compliance Service provides everything BankCard Central clients need to be certified.

Services Include:

• Quarterly security scans of up to 6 domain names or IP addresses.
• Full vulnerability remediation support from CISP certified security specialists.
• Unlimited telephone tech support.
• Assistance completing the self-assessment questionnaire.

Credit Card Processing and Recurring Payments

Recurring Payments is a convenient and powerful tool for managing recurring transactions such as club memberships, apartment and property management fees, child/day care centers. insurance payments,church tithes, musical instrument rental, storage customers and school tuition and expenses, among other periodic payments. eCommerce and mail order/telephone order [MOTO] merchants can utilize recurring payments flexibility to increase on-time payments, simplify your bookkeeping, reduce collection headaches, enhance customer service and build customer loyalty, while reducing authorization declines and overall administrative costs.
Recurring payments provides a variety of methods for creating “subscriptions” to bill customers on flexible payment cycles established by you can use your existing accounting software with a connection to our secured Virtual Terminal to create a database of recurring card payments.
Simply create a "subscription" that includes your customer's payment information, transaction amount, interval and duration. VERePAY does the rest, generating the subsequent recurring transactions based on your defined billing schedule and account amounts. Credit, debit, or stored value cards may be used. Deposits are made to your business account in the normal 48 hours.

Once you have activated a recurring transaction subscription there is nothing else you need to do. It’s automatic, so you can focus on building your business. The VerePay Virtual Terminal sends this data through at the scheduled times
Additionally, Recurring payments eliminates the need for you to warehouse sensitive data and reduces the risk of security-related fines. Recurring payments allow you to provide customers with an [always] on-time, hassle-free billing plan and you may even qualify for interchange rate discounts with BankCard Central.

For more information regarding our Recurring Payments solution, or to set up a Recurring Payments program, contact us today.

Do you want more shoppers to buy from you?

BankCard Central is proud to help ecommerce merchants secure their website and increase shopper confidence. As a BankCard Central merchant you will receive the PCI ToolKit certification, courtesy of PCI ToolKit. When you display the PCI ToolKit certification on your website you not only increase sales but you will build your brand with the security seal seen on more top sites than any other.

Say Goodbye to Hackers and Hello to New Customers!