Businesses often underestimate the cost, scope and burden associated with PCI security compliance. A 2008 Gartner survey estimated that Level 1 merchants spent on average $2.7 million on PCI compliance. That number compares with an average of $568,000 reported by level 1 merchants only two years earlier.....
The Payment Card Industry council require any organization which stores, processes or transmits credit card data to be compatible with the PCI Data Security Standards (PCI DSS). PCI security certification is a costly and onerous process in terms of both achieving compliance and ongoing compliance as the standards are constantly being upgraded as credit card fraud becomes more sophisticated.
IP Solutions offers the ability to significantly reduce the cost, risks and lead times associated with PCI DSS security compliance by enabling clients to eliminate credit card touch points and/or dynamically replacing credit card data with non financially sensitive “tokens”, these solutions significantly reduce a business’s credit card footprint and as a result dramatically reduce the costs associated with ongoing PCI compliance.
The IP Solutions team has:
To discuss your PCI compliance requirements or eCommerce requirements in general please email us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it