What does it mean that Bambora is PCI compliant?
PCI is short for payment card industry. The PCI standard is an international security standard called the Payment Card Industry Data Security Standard
(in short, the PCI DSS).
The PCI standard was developed in 2005 by the Payment Card Industry Security Standards Council
, which is a council formed by the five largest payment card providers in the world: Visa, MasterCard, American Express, JCB, and Discover. The goal of the standard is to increase the level of security for online payments and create common security requirements across the payment card industry.
The PCI standard specifies a number of requirements for how payment card information is managed, stored, and transmitted. As a Payment Service Provider, Bambora must meet the requirements of the standard, and we are PCI Level 1 compliant, which is the highest level of security within the standard.
Once a year, an external agency validates our security policies and ensures that we comply with the 200 security controls of the PCI standard.
Read more about the PCI standard on www.pcisecuritystandards.org
. You can find the requirements and the 200 security controls in this document