Even if you do not process Point of Sale (POS) payments, PCI compliance is required if you handle payment card data in any capacity, @fastmoney. Let me explain how this applies using QuickBooks and adhering to the Payment Card Industry Data Security Standard (PCI DSS).
PCI compliance is crucial for safeguarding your business and customers from theft and fraud by securing customer payment information. Keep in mind that even without data storage, unauthorized access to your devices and through the internet can pose significant security risks.
Any business that handles payment card data must be PCI compliant, whether they take payments online, over the phone, or through invoices—even without a physical POS. Using systems like QuickBooks for these transactions underscores the need for stringent security measures that are compliant with PCI standards.
All merchants are required to complete a Self-Assessment Questionnaire (SAQ) based on their methods of storing, handling, and processing card data. To gain a comprehensive understanding of these requirements, I recommend consulting the following resources:
If you are using QuickBooks Payments to accept payments, you can check the deposit speed via QuickBooks Online or the Merchant Service Center. For more details, please refer to this article: Check the deposit speed for your product.
Moreover, maximize the efficiency of your financial processes by collaborating with our QuickBooks Live Expert Assisted team. They're veterans in the field, known for smoothing out financial operations and offering insights tailored to your business. One click connects you to a more prosperous financial path.
Please let me know if you have questions about PCI compliance. The QuickBooks Community is here for you, and we’re committed to resolving your concerns promptly.
