Verifone Tranz 380 credit card Terminal Manual

View the answers to many of the most common questions asked by new merchants like you.

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Security Requirements & PCI

The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements designed to ensure that ALL companies that process, store or transmit credit card information maintain a secure environment. Essentially any merchant that has a Merchant ID (MID). The Payment Card Industry Security Standards Council (PCI SSC) was launched on September 7, 2006 to manage the ongoing evolution of the Payment Card Industry (PCI) security standards with focus on improving payment account security throughout the transaction process. The PCI DSS is administered and managed by the PCI SSC ( an independent body that was created by the major payment card brands (Visa, MasterCard, American Express, Discover and JCB.).

Does PCI apply to me?

All merchants are required to comply with PCI-DSS, which includes completing the Self-Assessment Questionnaire (SAQ). The SAQ is a validation tool used to assist merchants with meeting their PCI-DSS compliance requirements. Non-compliance may result in additional costs and expenses for your business.

How do I comply with PCI?

USBSU has teamed with Elavon and TrustWave – a Visa® and MasterCard® accredited Qualified Security Assessor and Approved Scanning Vendor – to help you comply with current industry security standards for your electronic payment solution.

What are the penalties for noncompliance?

If you do not comply with the security requirements of the Card Associations, you put your organization at risk of payment card compromise. In the event that your business is compromised, you may be subject to fines that range from $10, 000 to $500, 000 or more per incident. You will also be liable for the cost of the required forensic investigations, fraudulent purchases, and the cost of re-issuing cards. You may also lose your credit card acceptance privileges.