A business has the responsibility to process payment cards securely in order to protect the company, their employees and its customers from risks of data compromise and fraud.
PCI DSS is a set of requirements a business should follow for securing payment transactions and protecting cardholders against the misuse of their personal information. Non compliance with the requirements can mean significant fines for breach, monthly non-compliance fees and the loss of the privilege of accepting payment cards.
When it comes to taking phone payments, compliance becomes particularly challenging, and requires many complex checks and controls. It involves making sure data can't be illicitly collected by any means, and that Sensitive Authentication Data (SAD) is not stored on call recordings.
Pay729 removes payment complexities and provides a fully PCI DSS compliant, easy to use, cost-effective telephone payment solution.