PCI Compliance and the PCI Compliance Fee – Security Has a Price
If you are a merchant who accepts credit card payments for goods or services, you may have noticed a PCI compliance fee on your merchant account statement recently. When you first noticed this additional charge, you probably asked yourself, “What is this fee and what service does it cover?” If you are a merchant who has taken the necessary steps to ensure your business is PCI-DSS (Payment Card Industry Data Security Standard) compliant, this charge may appear to be a misnomer....
