At this point, most of you have heard a lot about PCI compliance, and are well aware of what it means for you. You know that PCI stands for Payment Card Industry and that being compliant means protecting your customers’ sensitive information. You know that processing, storing or transmitting credit card information makes you responsible for maintaining a secure data environment, of which Eclipse does not. And, you know that all Visa merchants (including those using Eclipse’s built-in credit card processing) are required to have a PCI compliance solution in place. Something you may NOT know is that you have OPTIONS! That’s right, options. Choices. Alternatives to a platform that may not be working for you. Some third-party vendors have presented users with a PCI compliance solution that will integrate with Eclipse. But these solutions, coupled with implementation costs, come with a hefty price tag. Some users may feel a little backed into a corner; and, we admit, that is somewhat the case. We’ve spent a great deal of time gaining an understanding of the PCI compliance landscape. We’d like to urge you to think of your place in this little corner as an OPPORTUNITY. We know, we know, that sounds a little idealistic; but we’re for real. When it comes to PCI compliance, here are a few things to consider: 1. Negotiation. Approaching PCI compliance deadlines have caused a lot of movement in the credit card processing marketplace. Depending on the state of the economy, it could be a great time for negotiation. Even if you continue using Eclipse’s credit card processing, and purchase a third party’s solution for compliance, you should consider trying to re-negotiate your processing rates. This could MORE than cover the cost of becoming PCI compliant. 2. Ignorance. You can continue using your current payment module with Eclipse. Your assessment for not being PCI compliant will be $25 to $50 per month per location depending on your current merchant services provider. Not being PCI compliant also means that you will be held liable for any and all fraudulent transactions that occur by any means. While we do not condone this option, it is an option nonetheless. 3. Change Vendors. You can purchase the Element PCI compliant module for Eclipse and consider utilizing a different company to handle your processing (gateway). You may find one with a much lower rate. 4. Internet Gateway. You can use an Internet secure gateway offered by one of many competitors. 5. Batch Terminals. You can choose to use a stand-alone credit card terminal or a non-integrated payment gateway, which are both PCI compliant. While no solution is going to be a perfect fit for all companies, we think this list at least provides you a little more elbow room. As always, Zerion is here to provide you with independent, unbiased Eclipse consulting services. Our mission is to help you start saving money now, regardless of your credit card processing choices. We’d be happy to talk you through your options in more detail, or to help obtain a quote from outside vendors. Contact us today for more information! Comments are closed.
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