If your online business, or any of the service providers you use for collecting credit card data, does not meet new criteria and standards as set out by Visa and MasterCard, you may shortly find that you’ve lost your ability to do business online.
Every single company that participates in the credit card processing chain over the Internet, in any way, must now be compliant with strict security standards that have been established by the major credit card industry players. These standards are called the Cardholder Information Security Program (CISP) and Payment Card Industry (PCI) Data Security Standards (DSS).
1ShoppingCart.com and it's network of Private Labels have recently announced that they now provide a completely PCI certified and CISP compliant shopping cart software system from start to finish.
Rob Bell, CEO of 1ShoppingCart says, “Our popular shopping cart solution was created with your security in mind. We’ve always worked to provide the most secure shopping experience possible. Now our hard work has paid off for all our online merchants. The best news is that we have implemented it in such a way that means our merchants won’t have to do a single thing because the 1ShoppingCart eCommerce Solution handles all the CISP/PCI requirements.”
All current clients will immediately benefit from 1ShoppingCart’s shopping cart software and eCommerce solution because they have met the certification in such a way as to ensure their clients automatically conform to the credit card industries stringent security rules. Bell adds, “Our safe and secure system has now not only been validated through this process, but has been fully certified for both PCI and CISP.”
These privacy and security measures are the result of a partnership between Visa and MasterCard and have been endorsed by every major credit card provider operating in the U.S. They were created to define best practices when processing, transmitting and storing credit card information.
The new Visa/MasterCard standards place the responsibility of ensuring whether everyone in the credit card handling chain is compliant or not, in the hands of the Merchant Banks (Merchant Account Providers). And, If any service providers who do deal with the handling of credit cards are not certified soon, the merchant banks will begin taking action against them. Failure to comply may result in substantial financial penalties and may even prevent individual business owners from accepting credit cards online!
Unlike many eCommerce providers online, 1ShoppingCart has taken care of all security details regarding CISP/PCI and their clients won’t have to take any action to become compliant themselves ensuring there is nothing further for individual business owners to worry about regarding system security or industry compliance issues.
1ShoppingCart.com Corporation is the web’s leading provider of shopping cart, internet marketing and eCommerce solutions and has been committed to helping make internet marketing and sales easier since 1999.
http://www.1ShoppingCart.com Corporation is one of the world’s leading providers of internet marketing, eCommerce / eBusiness and shopping cart software solutions. As an Application Service Provider (ASP), 1ShoppingCart.com is focused on enabling small, medium and enterprise organizations to promote, sell and grow their businesses online over the Internet. Founded in 1999 to bring advanced business capabilities to web based merchants, 1ShoppingCart.com has offices in Barrie, Ontario and Eugene, Oregon.