Keeping You Free of PCI Fees in 3 Simple Steps

In our summer series of security and safety, this week’s blog is about keeping You Free of PCI Fees in 3 Simple Steps.

We know that the last thing you want to worry about is security, and we make every effort to share with you the important aspects of PCI compliance and safety in your business – but it also shouldn’t cost you more.

Do you know what PCI means? If not, read up on it in this summary of PCI and what you need to know to be compliant.

Next, here are 3 simple steps to take to make sure that you are free of PCI fees that you shouldn’t have to pay.

1) Are you being charged a PCI fee? This should be easy to find on your monthly statement. It might be called PCI Non-compliant Fee or PCI Compliance Fee. If you see this. Call us.

2) Have you received a notice to run a PCI scan? Each quarter, you have to run a scan, which requires you to complete a few easy steps and verify back that everything is in order. This has to be done on time, or you risk being charged for being out of compliance.

3) Is your POS software up to date? Security updates for POS software (and others that pose a security risks) should be made consistently to stave off the issues related to unwanted hackers breaching business systems. This is an important step in PCI compliance and can put you into a non-compliant status, which can result in fees that you shouldn’t have to pay.

The fact is, if you are non compliant, the fees will be assessed each month, every month, until you are – and these fees do not go to your processor, they go to the bank and they are non-refundable. It doesn’t take a lot of time, but it does need to be done. We routinely help our clients run through their checklist and help them submit their scan information.

Not sure if you are compliant? Give us a call or e-mail us to schedule a quick review of your PCI status.