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  2. Payment Card Industry Data Security Standard (PCI DSS)

Payment Card Industry Data Security Standard (PCI DSS)

The Payment Card Industry Data Security Standard (PCI DSS) is a set of mandatory requirements, set by the banking and credit card industry, designed to ensure that all companies that process, store, or transmit credit card information maintain a secure environment. As such, ºÚÁϳԹÏ×ÊÔ´ must take steps to ensure that all transactions being processed through associated Merchant Accounts meet this Standard, and that all cardholder data is handled appropriately. Cardholder data is any personally identifiable data associated with a cardholder, including information such as the Personal Account Number (PAN), cardholder name, expiration date, and/or the Card Verification Value (CVV). All credit card processing and handling procedures at ºÚÁϳԹÏ×ÊÔ´ must comply with both the Policy and Procedure for the Acceptance of Credit and Debit Cards and the PCI DSS standard.

 

Only designated signatories may setup or provide ºÚÁϳԹÏ×ÊÔ´ banking information.  This applies to revenue being deposited to a ºÚÁϳԹÏ×ÊÔ´ bank account as well as any associated fees being withdrawn.  Please contact Accounts Receivable at fsaccrcv@queensu.ca for further information.