As most companies out there already know, getting your customers engaged online is crucial for businesses today. In fact, online shopping is becoming so prevalent that some people choose it over traditional shops. And that even happens if the store is just around the corner from them. It is simply too convenient to order things online.
And this is important for both new companies and the ones who have been around for a while. Even companies with incredible histories have to adapt and join the online competition.
What is PCI DSS Compliance?
However, to be able to set up an online store, you have to provide security to transactions. And, in order to be capable of handling payment card data, you have to be Payment Card Industry Data Security Standard compliant. Or, PCI DSS for short. In essence, this means that you have to be compliant with the 12 requirements of this standard.
It came to be when the most important financial institutions chose to work together and define the standards. The PCI DSS represents the minimal set of measurements set up to protect the sensitive information. If your business does not comply with the standards, you risk receiving huge fines. But, more importantly, you can lose the credit lines and loyalty of your customers. Not to mention legal costs that could come up in a case of a security breach.
The goal of PCI DSS compliance is to create a secure environment for card payments. But this does not only include the protection of customer’s data at the point of sale. It also entails the protection during the storage and transmission in a cardholder environment. And the point of these measures is to do a lot more than just create a secure environment. It allows acquirers and customers to do business with the PCI businesses. So, having a proof of the PCI DSS compliance does a lot more than just protect the card holder’s details. It also safeguards the reputation of any an entity that does business online.
After all, if you do not comply with the PCI standards, it will make your business a lot more difficult to run. Failure to comply will damage your company’s reputation and hold the potential for success back. Not to mention that the data can be compromised, and, if it comes to that, your entity is as good as dead.
So, if you want to make sure your company can comply with the Payment Card Industry Data Security Standard, double check if your host provider meets said standards. And only do business with host providers that do.
To make it easier for you, we will present our top 10 list of PCI DSS compliant providers.
So there you have it, our list of top 10 best PCI Compliant Hostings for 2020, based on user reviews. We hope that you manage to find what you were looking for, and thank you for reading. If you have any suggestions, please leave them in the comment section below.