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importance of PCI DSS compliance vital to success of any business

importance of PCI DSS compliance vital to success of any business

If your business processes card payments, you need to know about PCI compliance and why it matters. It’s a BIG thing in the payments industry, and while it’s not the most riveting subject to learn about (never mind read about , the faster you learn the basics, the better off you’ll be when it comes to safeguarding the interest of yourself, your business, and your customers.

What is PCI Compliance Overview
Let’s start with the most basic of the basic: PCI stands for ‘payment card industry’. When discussed, it’s usually used in conjunction with either the SSC or the DSS.

PCI SSC = Payment Card Industry Security Standards Council
PCI DSS = Payment Card Industry Data Security Standard

For now, all you need to know is that the PCI SSC makes up some of the biggest card providers in the world. They set up the rules (the PCI DSS) to make sure that merchants are keeping up with the latest developments in security standards and validation, as well as educated on emerging payment channels. Being ‘PCI compliant’ simply means that you are actively following the PCI DSS regulations (which vary based on your type of business, the size of your business, your transaction volume, etc.).

Why Does Being PCI Compliant Matter?
To be frank, you don’t have to be PCI compliant — at least according to the law. But it’s important that you are, as non-compliance will end up costing you: What Happens If You’re Not PCI Compliant?
It really all comes down to the impact of potential data breaches on your business. Without the proper security required for processing such sensitive customer personal and payment information, you’re running the risk of losing out on sales (caused by lack of brand trust) and having to front the cost of extra fines on top of those losses as a result of non-compliance.

How Can Merchant Services Providers Help
The key takeaway here is, if you don’t want to end up potentially dealing a critical blow to your business, you’re going to need to get your services up to snuff. And the easiest way to do so?

Get some help! Partner up with a payment processor! One that will work with you personally to ensure that you are able to stay PCI-DSS compliant.

Art therapy uses different forms of artistic expression to treat mental health disorders and promote well-being. Therapeutic art can encourage healing and help you manage your mental illness symptoms. Art therapy is a relatively new approach to healing. Many doctors began to explore it as a therapeutic technique when they saw individuals use art to express their emotions and the struggles of their mental illness. Art therapy is used in assessing mental illness and treating it in children and adults alike.

Techniques Used in Art Therapy Art therapy encourages self-expression to help you learn more about yourself and find healthy coping mechanisms. Coloring books are a common technique used in art therapy. Coloring is great for children but can also help adults cope with stress.

Painting is another form of art therapy. You don’t have to be an artist to participate in this form of therapy. You simply need to approach it with an open mind.

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