Many independent software vendors (ISVs) are integrating payments technologies into their software platforms to provide payment features for their customers and add new revenue streams to their business.
Expanding into payments offers a number of advantages but can also create potential legal and regulatory risks. In order to maintain data security, any software involved in the payment process must comply with the PCI guidelines.
PCI compliance helps to deter and prevent credit card fraud, which protects your customers and your business in a nation that is vulnerable to fraud risks.
Although PCI compliance often seems complicated, there are a number of existing technologies that we can provide to dramatically reduce your exposure to credit card fraud and abuse.
Our integrated payments technology gives you access to credit card tokenization and Point-to-point encryption (P2PE) features that protect your customers from potential fraud and reduces PCI scope.
Another effective strategy is to use hosted payment pages for payment processing. No credit card data is ever stored in the applications you develop or in the payment environments of your customers.
With no data stored, there is nothing that can be stolen.
Navigating the PCI landscape can seem challenging at first. The technical requirements change as threats become more advanced. As a result, true compliance isn’t a one-time fix. It’s an ongoing process.
At GoEmerchant, we keep you and your customers’ information safe and secure. Our compliance specialists are thoroughly trained on how to ensure you are always protected and fully compliant with the latest version of PCI DSS. If you have questions about becoming PCI compliant, don’t hesitate to contact our support team today.