Pci Compliance
/ˌpiː-siː-aɪ kəmˈplaɪəns/
Definitions
- (n.) Adherence to the Payment Card Industry Data Security Standard (PCI DSS), a set of security requirements for organizations handling branded credit cards.
The company achieved PCI compliance to protect customers' payment card data and avoid penalties.
Commentary
PCI compliance is a key regulatory standard aimed at reducing credit card fraud through strict data security controls and is often contractual or industry-mandated rather than statutory.