Do Payment Facilitators Have to Be PCI Compliant?

Data security is a critical component of the work that payment facilitators do. Proper management of sensitive data is an essential responsibility for anyone enabling access to the payments system. So every payment facilitator needs to understand the role that PCI compliance plays in their overall risk management efforts.

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Payment Facilitators and PCI: “Everybody Has to Start Somewhere”

An organization’s PCI scope – the components of its business that need to be included in an assessment – can have a dramatic impact on the costs for that company to comply with the security standard’s requirements. According to Chris Bucolo, that’s the fundamental reason payment facilitators need to “engage early.”

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PCI and Payment Facilitation: What are PFs Responsible For?

Companies that choose to integrate payments into their B2B software offerings must consider risk from a number of perspectives. This week, we report on some of the fundamental issues and decision points behind payment facilitators’ relationship with the industry data security standard.

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