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The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard used to handle credit cards from major card brands.The standard is administered by the Payment Card Industry Security Standards Council, and its use is mandated by the card brands.
The Payment Card Industry Security Standards Council (PCI SSC) was formed by American Express, Discover Financial Services, JCB International, MasterCard and Visa Inc. on 7 September 2006, [1] with the goal of managing the ongoing evolution of the Payment Card Industry Data Security Standard.
On 7 September 2006, American Express, Discover Financial Services, Japan Credit Bureau, Mastercard and Visa International formed the Payment Card Industry Security Standards Council (PCI SSC) with the goal of managing the ongoing evolution of the Payment Card Industry Data Security Standard. The council itself claims to be independent of the ...
The Payment Application Data Security Standard (PA-DSS) is the global security standard created by the Payment Card Industry Security Standards Council (PCI SSC). [1] PA-DSS was implemented in an effort to provide the definitive data standard for software vendors that develop payment applications.
A payment card number, primary account number (PAN), or simply a card number, is the card identifier found on payment cards, such as credit cards and debit cards, as well as stored-value cards, gift cards and other similar cards. In some situations the card number is referred to as a bank card number. The card number is primarily a card ...
But that effort to drop late fees on credit cards to $8 from $30 or $41 typically was put on hold after banking industry groups took legal action. Consumers got hit by some bad products.
Tokenization can render it more difficult for attackers to gain access to sensitive data outside of the tokenization system or service. Implementation of tokenization may simplify the requirements of the PCI DSS, as systems that no longer store or process sensitive data may have a reduction of applicable controls required by the PCI DSS guidelines.
The Payment Card Industry Data Security Standard (PCI DSS) is an information security standard for organizations that handle branded credit cards from the major card schemes. The PCI Standard is mandated by the card brands but administered by the Payment Card Industry Security Standards Council.