17. November 2017 / Small Business Resources
Small pass-through businesses would get benefit from the House Republican Tax Cuts and Jobs Act, in line with a report from the Tax Foundation. Almost 95% of businesses within the United States are pa
How Does it Work?
Why is Payment Card Industry (PCI) Compliance important to you?The PCI Standard is a mandatory global standard established by the Card Associations to ensure the protection of cardholder data. Based on twelve guidelines, the PCI Standard requires merchants to make their physical and virtual environments secure to ensure protection of cardholder data.
As a merchant accepting credit cards as a form of payment, you are required by the Card Associations to adhere to the PCI Standard. The PCI standard encompasses the security programs from Visa and MasterCard.
The PCI standard sets technology requirements such as:
It also includes procedural mandates, such as the need to implement formal and documented security policies and vulnerability-management programs.
Compliance with the standard applies to all types of merchants, retail, mo/to, and Internet. All merchants need to follow best practices for storage and destruction of all paper or electronic records containing account numbers or cardholder data.
Importance of PCI Standard Compliance and/or Certification:It is clear that ensuring the safety of your customers' cardholder information can help your business strive to create and maintain a positive image, enhance customer confidence and even assist in improving your bottom line.
Additional benefits include:
16. November 2017 / Small Business Resources
This Fall points a sizeable change in the year — the summer time has come and gone, vacations are over, and the temperatures are gradually dropping day by day. Combine these changes with the forthco
14. November 2017 / Business Loans
Most of the small business owners need to borrow money at some point. The good thing is that there are many exclusive loan programs available in the lending market. Unfortunately, that is also the bad