Let’s look at what the requirements are, and how you can become and stay compliant. The Acronyms Level 4 Merchants New Visa QIR and PCI Validation Requirements Requirements in Detail The Acronyms When it comes to credit card security, a dizzying list of acronyms like PCI, QSA, and QIR have even the most savvy business […]
January 31, 2017 marks changes to security requirements for small businesses. Specifically, you’ll need to validate PCI compliance and ensure that you’re only using qualified companies (QIRs) to install and provide tech support for your POS system. Not meeting the requirements has many possible repercussions. In addition to opening your business up to security breaches and hacks, you could be fined by your processor or lose your merchant account.