PCI stands for Payment Card Industry. The Payment Card Industry (PCI) Security Standards Council is comprised of the major credit card associations (Visa, MasterCard, American Express, Discover and Japan Card). These associations have established a set of security standards to ensure that merchants and service providers follow best practices in order to reduce credit card fraud and security breaches. By accepting VISA and MasterCard payments, merchants and service providers are required to become Payment Card Industry compliant.
Risk of Non PCI Compliance