Updated time: Oct 9, 2017 , 12:43 (UTC+08:00)

What is PCI (Payment Card Industry Data Security Standard)?

Definition: A mandatory set of rules and regulations created to reduce Credit Card fraud.

How Does the Payment Card Industry Data Security Standard (PCI) Work?

The Payment Card Industry Data Security Standard is maintained by the Payment Card industry Security Standards Council, a group created in 2004 after MasterCard, Visa, Discover, JCB, and American Express collaborated to create a universal platform to prevent fraud for whenever Credit Card information is being transmitted.


PCI Compliance currently has six objectives: to build and maintain a secure network, to protect cardholder data, to maintain a vulnerability management program, implement strong access control measures, regularly monitor and test networks, and to maintain an information security policy. These objectives are maintained through a set of strict regulations vendors and Payment Service Providers must follow to collect and transfer Credit Card information.

Sign up now!