Rank: Member
Joined: 6/1/2004(UTC)
Posts: 720
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I have been contacted by my merchant account provider that I must go through the assessment process to confirm PCI compliance (which is fine and I expected) but the cost is $325/year to do it. Is this for real...is the PCI compliance this just a money grab?
Thanks,
Derek |
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Rank: Member
Joined: 11/5/2003(UTC)
Posts: 1,786
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Most merchant processors include quarterly PCI scans in your merchant account fees but they do charge for this. For the record, I firmly believe that PCI compliance is first and foremost a money grab by the credit card companies and banks. Force the merchant to accept all risk and charge them for the privilege of taking on the risk. Sound fair, right?
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Rank: Member
Joined: 6/1/2004(UTC)
Posts: 720
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Thanks Marcus, I really appreciate your comments! :)
Derek |
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Rank: Member
Joined: 6/1/2004(UTC)
Posts: 720
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Hi Marcus,
I know this may not be the right forum to ask this but I have started into my assessment and have been presented with this question...that I wasn't quite sure how to answer.
Do you store any of the following in an electronic format?
Primary Account Numbers (PAN) (more than the first 6 and last 4 digits)
Expiration Date
Security Code (CAV2/CID/CVC2/CVV2/CIS)
Cardholder Name
Service Code
Magnetic Stripe data
PIN/PIN Block
None of these
Thanks,
Derek |
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Rank: Member
Joined: 11/5/2003(UTC)
Posts: 1,786
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BV Commerce 5.7 stores:
PAN (encrypted according to PA-DSS specs. KEK architecture.)
Expiration Date
Cardholder Name
No other credit card information is stored.
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Rank: Member
Joined: 6/1/2004(UTC)
Posts: 720
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Rank: Member
Joined: 4/28/2003(UTC)
Posts: 141
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Marcus on along the same lines, has BV5 7.74 been PA-DSS Certified? Richard www.sometingmorestore.com
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Rank: Member
Joined: 11/5/2003(UTC)
Posts: 1,786
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BV Commerce 5.7.x has been PA-DSS certified
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Rank: Member
Joined: 4/28/2003(UTC)
Posts: 141
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