If your business collects and handles customer credit card information over the phone, you must be PCI compliant. Failure can have severe consequences, including fines, card replacement costs, reputational damage, or a damaged relationship with your merchant provider. Take credit card payments over the phone but are unfamiliar with the PCI Data Security Standards (DSS)? Trying to parse the PCI DSS on your own can be tough—read our guide to make achieving PCI compliance over phone payments easy! What is PCI Compliance? PCI compliance refers to meeting the PCI Data Security Standards (DSS), which were set by the PCI Security Standards Council (SSC) in 2006. The PCI SSC was founded in response to the growing number of cyberattacks in the 2000s with the objective of…