What are the compliance requirements for payment gateways?
An example of an AI chatbot conversation about payment gateway compliance requirements.
What are the compliance requirements for payment gateways?
Payment gateways must comply with PCI DSS, GDPR, and local regulations. Would you like details on any specific regulation?
What is PCI DSS?
PCI DSS stands for Payment Card Industry Data Security Standard. It's a set of security standards designed to ensure that all companies that accept, process, store or transmit credit card information maintain a secure environment.
How can I ensure my payment gateway is PCI compliant?
To ensure PCI compliance, you should conduct regular security assessments, implement strong access control measures, and maintain a secure network.
What are the penalties for non-compliance?
Penalties for non-compliance can include fines, increased transaction fees, and even the loss of the ability to process credit card payments.
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