In the era, where the eCommerce & mCommerce is exponentially growing, there is an extra focus on payment security as the possibilities of cyber criminals are also progressing. As a merchant or a service provider, you have the responsibility of providing the payment security to your customers and securing the customer’s data.
There is a pressing need on Payment Security for keeping the associated risks under control and securing the transaction processing. There are compliance standards that the companies can adapt to ensure payment security for its customers. Payment Card Industry Data Security Standards (PCI DSS) is a payment security standard which helps you protect the Cardholder data.