COTPA compliance in totality demanded

ingoanews
شائع: Mar 6, 2019
116 نظٓارہ

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#COTPA  #demanded  #compliance  


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  • اگلا

    బీడీ పరిశ్రమను నాశనం చేసే cotpa చట్టాన్ని కేంద్ర ప్రభుత్వం వెంటనే ఉపసంహరించుకోవాలి

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    As governments look for more ways to reduce costs, electronic payments have become an economical method of purchase. Using credit or debit cards reduces the time it takes to receive funds, is less error-prone and makes it easier for residents to pay. Failure to comply with PCI DSS comes at the cost of fines that may end a business owner’s ability to conduct e-commerce, accept payment cards, accept online payments in the future. In case of a breach event, penalties for non-compliance are huge - ranging from $5000 to $100,000 per month. Also, one can lose their merchant account, which means the company can't accept credit card payments anymore. A company placed on the terminated merchant list, won’t be eligible to have another merchant account maybe for several years.

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