A Comprehensive Guide to Credit Card Vaulting

As the digital age continues to evolve, the importance of card security measures is becoming increasingly crucial. Credit card vaulting is one of the most important components of any PCI compliance service, providing a secure way to store customer payment data. In this blog, we will review the basics of these services and provide a comprehensive guide for understanding how they work, as well as how they can protect your customers’ sensitive information. Why Is Card Security More Important Than Ever? With the rise of online transactions, cyberthreats have become a top priority for businesses everywhere. Every day, millions of customers are exposed to potential data breaches and identity theft. According to a 2023 survey conducted by the Insurance Information Institute, 33% of Americans have…

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Our Guide to Achieving PCI Compliance Over Phone Payments 

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…

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