Leaders Merchant Services Goes PCI Compliant

In the past year and a half, there have been many stories in the news regarding compromised credit card cardholder data at merchant locations. To prevent this, Visa Inc and MasterCard Worldwide have set requirements governing the safekeeping of cardholder information. The industry standard is PCI DSS (Payment Card Industry Data Security Standard) Compliance. To protect a business and its customers (cardholders) there are certain safeguards that must be in place.

DO NOT: Store the full contents from the magnetic stripe on the back of the card

DO NOT: Store the Card Validation Code (CVC): The 3 digit value printed on the signature panel of a card or 4 digit value printed on the front of an American Express card

DO: Store all material containing cardholder information (i.e. authorization logs, transaction reports, transaction receipts, car rental agreements, carbon copies, etc.) in a secure area limited to authorized personnel.

Another aspect of PCI compliancy is the mandate that all newly boarded merchants after January 1st, 2008 do not use known vulnerable payment applications or software. LEADERS will not set up a merchant account if a merchant is using such applications or software. They will be required to upgrade their applications or software to PCI compliant standards.

LEADERS is pleased to announce that we only stock PCI compliant credit card terminals and pinpads. The new credit card equipment is especially created with the security within the pinpad (internal or external) of the highest possible standard to prevent compromised cardholder data. Here is a list of the new PCI compliant credit card machines and pinpads that LEADERS is supplying to its merchants:
Verifone Vx510
Verifone Vx570
Verifone Vx610
Lipman Nurit 8000
Way Systems MTT 1581
Verifone Pinpad 1000se
First Data FD-10 pinpad
Hypercom P1300 pinpad

Disclaimer: This blog or article is for information purpose only, and should not be treated a professional advise or price protection guarantee. This blog is mainly used for search engine optimization and other commercial purposes and it is advised that readers seek professional consultation in the field of interest for more information.