PCI Compliance

What is PCI Compliance?

What is PCI Compliance? PCI Compliance means your business is abiding by data security standards established by the Payment Card Industry Security Standards Council, and verified as such. This council was formed by Visa, MasterCard, Discover, American Express and JCB International, and the standards are designed to help merchants safely secure, store, process, and handle …

Am I required to complete PCI Compliance?

Yes. All merchants who accept credit cards are required to become PCI compliant by the card associations. If your organization chooses not to become compliant, the organization will be subject to a monthly non-compliance fee of $19.95. In addition, any fines/fees related to a data breach would be the responsibility of the merchant! One of …

What happens if I’m not compliant?

The first thing that happens is that you’ll be subject to a $19.95/month fee. This fee is meant as an incentive to complete your PCI compliance. Completing your annual questionnaire will help us ensure that you’re processing cards in a safe and secure manner. If you choose NOT to complete your annual questionnaire, you subject …

Do I need to hire a third-party firm to prove my compliance with Dharma?

No! You do not. All new accounts built by Dharma include free online access. Part of that online access includes your PCI compliance questionnaire, provided by ControlScan. Simply login with your supplied credentials, and you’ll be able to complete your entire PCI compliance requirements. Easy!

If I’m already PCI Compliant, can I transfer my compliance to Dharma?

Yes, you usually can! We’ll need to see your certificate of PCI compliance from your current provider or PCI vendor. Once provided, we’ll update your new Dharma account to reflect your active PCI status. Please note – your current PCI compliance still has an expiration date, and we’ll apply that expiration date to your Dharma …

How do I set PCI Compliance reminders?

PCI compliance reminders are automatically built into your account! You’ll automatically be notified when your PCI compliance is set to expire soon. In addition, you can also set notifications to alert you when you receive a chargeback, get a large deposit, or when statements are available. To set notifications, simply follow these steps: First, login …

What is the PCI Compliance Fee?

Dharma has a $7.95/month fee PCI compliance fee to complete the Self-Assessment Questionnaire (SAQ) and for web-scanning. Web scanning is required per PCI Compliance regulations for any merchant processing over an Internet (IP) connection – so this will impact online/virtual merchants, and any merchant who connects their credit card terminal to an ethernet (IP) connection. Dharma partners with …

How do I complete PCI Compliance?

The most efficient way to become compliant is to call our contracted compliance partner, and they will guide you step-by-step through the process. Your compliance partner will depend on your Merchant ID number: If your Merchant ID starts with 5180 or 5544, you’ll contact Priority Payments, at (800) 935-5961. All Priority merchants have online access to PCI Compliance. Click here to …