Common use of PCI-DSS Compliance Clause in Contracts

PCI-DSS Compliance. The credit card industry has developed technical and business standard that affect the way in which credit card business is conducted, called “Payment Card Industry Data Security Standards” (PCI DSS) (xxx.xxxxxxxxxxxxxxxxxxxx.xxx). All processes, procedures, or technologies must follow the security standards dictated in the credit card industry’s “Payment Card industry Data Security Standards” (PCI DSS). Service provider must submit annually, an Attestation of Compliance (AOC), which is evidence of a successfully completed PCI DSS assessment. Failure to submit annually an Attestation of Compliance (AOC) or a successfully completed PCI DSS assessment indicating you are PCI-compliant will result in the contract being null and void.

PCI-DSS Compliance. The credit card industry has developed technical and business standard that affect developedtechnicalandbusinessstandard thataffect the way in which credit card business is conducted, called “Payment Card Industry Data Security Standards” (PCI DSS) (xxx.xxxxxxxxxxxxxxxxxxxx.xxx). All processes, procedures, or technologies must follow the security standards dictated dicta xxx in the credit card industry’s “Payment Card industry Data Security Standards” (PCI DSSPCIDSS). Service provider must submit annually, an Attestation of Compliance (AOC), which is evidence of a successfully completed PCI DSS assessmenta ssessment. Failure to submit annually an Attestation of Compliance (AOC) or a successfully completed PCI DSS assessment indicating you are PCI-compliant complia nt will result in the contract being null and void.