In an effort to combat fraud, identity theft and other security issues, American Express, Discover, MasterCard, Visa and others created the Payment Card Industry (PCI) data security standard.



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Labels: credit card security, pci compliance

This includes the consumer who is purchasing with Mastercard, the business owner who is conducting the transaction, and the third party processors who are making the transaction a success. Mastercard SDP ensures that the transactions are conducted in the highest safety possible, and ensure that all credit card information is encrypted and kept confidential. Mastercard SDP will help protect the vital information pertaining to the credit card holder and lower the chances of phishing or credit card fraudulent activity.

The Mastercard Company itself takes Mastercard security very seriously. In fact, they feel that if you, as a merchant or business, accept Mastercard payments, then you are in fact partly responsible for maintaining SDP security. It is the business owner’s responsibility to maintain a high degree of security as well. SDP security is essential to making your business a success. If you don’t provide your customers encrypted SDP security you will lose sales. Customers want to make sure that the companies they purchase from will safeguard their information and keep their credit card information guarded. Mastercard security not only benefits your customer, but it also benefits your business by proving that you are a company that will protect your customer’s information. By keeping all files and data that pertain to Mastercard security up to date, you will be taking preventive methods to protect your customers.

The Mastercard SDP program is essential to maintaining your level of respectability, trust, and consumer protection. By participating in the Mastercard SDP program, you can ensure that your online business will provide the level of protection that customers require.

Labels: mastercard, mastercard SDP

With the formation of the PCI Security Standards Council, multichannel merchants, online retailers, consultants, payment processors, and virtually every organization that touches online payments should find it much easier to comply with the PCI Data Security Standard.



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Labels: pci compliance