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High-Risk Account PCI Compliance

PCI DSS was made compulsory for processing card payments from Feb 2010.

PCI Compliance is the Payment Card Industry Data Security Standard, a world-wide benchmark mandated by the card schemes for the protection of cardholder identity and transaction information. If you are not covered and do not comply with the standard you could face substantial fines imposed by card schemes or result in permanently being barred from using card acceptance programmes, should a security breach occur.

There are 3 ways for those merchants to fulfill PCI requirements:

A.

Provide us with a copy of their (valid) PCI certificate and network security scan

B.

Provide us with a "self assessment package" (as described below)

C.

Provide us with a shortened version of the "self assessment package" (only for those merchants that meet the criteria described)

The 3 options explained:

Option A:

Merchant provides us with the following two documents:

  • Valid PCI certificate; to be provided annually
  • Official Network Security Scan results; to be provided quarterly. Scan should be carried out by an Approved Scanning Vendors (ASV) mentioned in the following list: www.pcisecuritystandards.org/pdfs/asv_report.html)

Option B:

Merchant provides us with the following two documents:

Option C:

Merchants that do not handle or process credit card details in any way are allowed to use a shortened version of the SAQ (version A):

www.pcisecuritystandards.org/docs/pci_saq_a.doc (to be repeated annually).

Possible Approved Scanning Vendors (ASVs):

Currently with the High-Risk Merchant Account + Gateway we do not have any referral deal in place for this, but the following companies may be of use to merchants/resellers, at a reasonable price:

A more elaborate (and more expensive) option could be QualysGuard:
www.qualys.com/solutions/pci_compliance


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Payment Solution 1
Low Risk Businesses
Set-Up
Monthly Fee
£20
Credit Cards
2.99%
Debit Cards
2.99%
Gateway Fee
20p
Settlement
7 Days
Rolling Reserve
No
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High-Risk Solution
High-Risk Businesses
Set-Up
£200
Monthly Fee
£25
Credit Cards
4.4%
Debit Cards
4.4%
Gateway Fee
30p
Settlement
7 Days
Rolling Reserve
No
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Web-Merchant Services Limited. Registration No. 03919014 © 1997-2012. All Rights Reserved
SimplyPayments™ and Web-Merchant Services (including all other trading arms) are fully compliant with the Payment Card Industry Data Security Standard (PCI DSS)